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Msg  3170 of 5977  at  5/3/2012 5:00:51 PM  by

trying2win


 In response to msg 3166 by  Oullins
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Re: UMU9 and UMU10 costs - Oullins

Oullins, I completely disagree with your stance on 2 rigs.  If you'd asked me last week, I would have been ambivalent toward the idea.  But when you're given a 5 year tax holiday on petroleum profits, you take full advantage of it.  We're talking about tens of millions of dollars in additional after-tax cash flow per well annually during the tax holiday.  Christ, I hope somebody on the BOD understands how important this is, because the market sure doesn't.



 
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Replies
Msg # Subject Author Recs Date Posted
3171 Re: UMU9 and UMU10 costs - Oullins RaiderRoady1 1 5/3/2012 5:09:15 PM
3173 Re: UMU9 and UMU10 costs - Oullins Oullins 13 5/3/2012 5:55:38 PM


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