CNHH C.N.H. Holdings ... Gas & Oil / Service Message Board

STOCKTALK

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 : CNHH C.N.H. Holdings ... Gas & Oil / Service

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Big Dog who wrote (4)	2/24/1998 12:38:00 AM
From: Ga Bard	Read Replies (3) of 115

I have a faxed brochure on their s ... Plus I have a picture of the machine they use I can email out along with some of the wells they have. Since the fax is not that good I will try to get it right. The euipment they use is for Oil Field Remedation with on site operation with Oil Recovery. This machine cleaned over 30,000 cubic yards (144,000 bbl) in less than 40 days. That calculates to 3600 bbl a day which Gerald said they get $4.00 per bbl. That job paid $14,400.00 per day for total job revenue of $576,000.00. I asked about the cost and I was informed somewhere around 40 x $3,500.00 per day labor = $140,000.00 for a margin of $436,000 minus whatever equipment cost was. I was informed that was about $112,000.00 leaving a gross margin $324,000.00. I asked what where the expenses and I was told it took the following: 3 Men; 1 Grinder; 1 Auger; 1 Loader; 1 Bulldozer; 1 Separator/oil/water; Tanks; and tank Truck. More to come ... Happy Trading Gabard

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next