We put that in there as a precursor to future ques
Post# of 39368
Posted On: 12/10/2013 10:53:49 AM
Re: iggyman555 #23269
We put that in there as a precursor to future questions. The Company anticipates having drilling revenues, sales on oil and gas properties AND oil and gas production revenues. We frequently get questions relating towards "When do we hit enough BOPD to reach CFP."
As the revenue streams shift and change that BOPD target changes. In 4 months from now we could be CFP with 30-45 BOPD of revenue, 400k in drilling revenue and 300k in lease sales per month.
The Company has specifically mentioned a diversification of revenue streams. The BOPD is low, but we're CFP. Isn't that what every investor wants? A financially sound and CFP company?
As the revenue streams shift and change that BOPD target changes. In 4 months from now we could be CFP with 30-45 BOPD of revenue, 400k in drilling revenue and 300k in lease sales per month.
The Company has specifically mentioned a diversification of revenue streams. The BOPD is low, but we're CFP. Isn't that what every investor wants? A financially sound and CFP company?
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