Ann: JW Powell 23-25 Well - Operations Update, page-14

Actually, they have.

they have bullshitted about cash-flow positive for years....it has never showed up in a single quarterly, well not the cashflow positive most business use. Maybe FPL have a special calculation that doesn't include G&A

And you should go back and listen to when mark and Guy "stated" when FPL was profitable. $40, and VERY profitable.

Half their oil production was "purchased"...

The bulldust started way back with the "successful 500 squared program" when they declared 500 boepd were produced...LOL, just after HZ1 was IP'ed at 403....

as for those underwater - 100s over the years here + all the SI in the multiple placements

just ask the original poster Bevter when they started buying.

Most have long gone from the thread...if they haven't sold out at huge losses, then many need 99% to get money back.

Ain't going to happen.

and at a company level, i think I'll be long dead if FPL ever make back their capital losses.

money pit