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Gold/Mining/Energy : ATPG Shareholders -- Ignore unavailable to you. Want to Upgrade?

To: BuckeyeOil who wrote (3045)	4/26/2013 11:05:56 AM
From: Po Pimp	4 Recommendations Read Replies (2) \| Respond to of 3620

Current revenue is $40 mln. I'll be generous and give you the extra $300K out of the kindness of my heart. It won't matter in the end. First Clipper well came on at 8,000 bbl oil per day and 5 MMcfd. I believe the second well was supposed to be the lower of the two; but I'll be generous and say it equals the first well. Let's be kind and assume ATPG didn't get completely fucked on their hedges like they've been known to do in the past. Like I said I'm willing to be generous. Assume $95 / bbl oil and $4.50 / Mcf gas. Oil: 8,000 bbl X $95 X 30.5 days = $23,180K Gas: 5,000 Mcf X $4.50 X 30.5 days = $686K Total for Clipper #2 = $23,866K / month Assume absolutely no depletion, stuck tools, sidetracks, loop currents, Volvos crashing into the Drilling Manager's office, etc. Grand total revenue for ATPG = $40 mln + $23.8 mln = $63.8 mln $64 mln < $75 mln < $85 mln < $100 mln Basically you know as much about my current position as you do this shitastic company... i.e. jack shit. Now if I could be so kind, please be a dear and.... FUCK OFF.