SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : NU SKY ENERGY INC. NUS.V
NUS 9.610-0.9%Dec 31 3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Ed Pakstas who wrote (16)4/9/1997 6:01:00 PM
From: baystock   of 49
 
Ed, I realized I made an arithmetic mistake in my earlier revenue estimate. 2000 bopd + 15000 mcf/day combined is approx. equivalent to 3500 bopd which at $20 per barrel oil, translates into $70,000 per day of revenue and not $150,000. NUS's 25% share would then be $17,500 per day. This would be a significant jump from their current 100 bopd or $2,000 per day revenue.

Ram
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext