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Re: THIRD QUARTER ESTIMATE ??????      4-Nov-09 03:38 pm    
"What do all those numbers mean.Sounds very confusing.Are they good or bad ??. "

gabrielhant...:


I am not sure what numbers that you refer to in your question.
I will guess:

If it is the production numbers:

TMR's Crude Oil production are better than what they been in a long time.

Natural Gas production has been going down due to lower production in many wells due to normal Depletion and no New Drilling.

If the numbers you refer to is the redetermination of borrowing Base. The Borrowing Base should go up reducing the Default.

If the numbers refer to the Profit & Loss Estimates. The numbers are good because TMR is not losing money and Cash Flow should be approx $10 Million for the 3rd quarter.

Very Best of Luck.
ED
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pocilujko

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What do all those numbers mean.Sounds very confusing.Ar...
gabrielhant... Rate it 4-Nov-09 02:33 pm  
 
Re: THIRD QUARTER ESTIMATE ??????
pocilujko (1 Rating) 4-Nov-09 03:38 pm  
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Meridian Resource Corp. (TMR)

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