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To: Dave W

So uninformed it hurts.

The break even price and the price that investors will put money into in order to get a profit on their investment is two different things.

With a 73% lease average, payout at $80 and payout at $100 is a big difference.

Since you seem to be so uninformed, payout is when the cost of the well is covered and you start making a profit after operating cost.

Investors are after profit, not payout.


63 posted on 10/27/2014 9:05:30 AM PDT by IMR 4350
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To: IMR 4350

Well, in the mean time, there are plenty of working wells....no need to panic.


106 posted on 10/27/2014 12:30:45 PM PDT by Dave W
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