FPL 8.33% 0.7¢ fremont petroleum corporation limited

Autosime> If you read what I've posted correctly you'll note...

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  1. 1,261 Posts.
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    Autosime>
    If you read what I've posted correctly you'll note that of the $20+ profits I've allowed $10/bbl for extraneous costs. Retrace to the directors stating that they are profitable at $30/bbl. If that's the case and with oil selling at $50+/bbl then I'm understating the profitability big time. Then you're confusing the decline rates of fractured tight shales with the open flow Florence shales. The facts are available, just do some research. Good hunting.
 
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