I asked Sean that since we had a 50% deal with TNC
Post# of 39368
I asked Sean that since we had a 50% deal with TNC on the Mitchell, did that mean 50% of the BOPD went towards the 80-100 BOPD need to be CFP? He wrote:
"38.5% goes on to our books as sold oil, which is of course, revenue."
It's nice to see the word 'revenue'. Now that 38.5% doesn't jive with the 28% mentioned, so maybe the difference is expenses. Regardless, it's a significant improvement from all our other leases combined and we're on the right track for continued improvement.