The higher the price the better our odds of maki
Post# of 39368
Posted On: 07/19/2013 12:45:42 PM
The higher the price the better our odds of making it to a profitable situation. I think that oil goes to 140 by year end... So we may only need 20 good wells at that rate to make a profit for the whole company. Oil is the backbone of TECO. Right now we can pay a certain % of the companies cost with oil and with every tick up of the oil price we gain a stronger foothold.
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