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 : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?


To: jim_p who wrote (77958)11/6/2000 12:49:36 AM
From: Razorbak  Respond to of 95453
 
Hurricane Production Data - 20%+ Compound Annual Growth Rate

Jim P:

They look cheap. I'll add them to the data base. Do you have any production data?

It's definitely a growth story. Here are the actual statistics...

1996: Asset acquired
1997: 45,000 bpd
1998: 53,000 bpd
1999: 65,000 bpd
1Q00: 77,388 bpd
2Q00: 81,555 bpd
3Q00: 89,600 bpd
Current: 91,000 bpd (a new record)

That's over a 20% compound annual growth rate over the last three years!

Sources:

1. hurricane-hhl.com (Slide 9, 1997-99)
2. hurricane-hhl.com (1Q00)
3. hurricane-hhl.com (2Q00)
4. hurricane-hhl.com (3Q00)
5. twst.com (Current)

Razor