Anybody have any revenue estimates for q4 2012? I am saying around 168 million. Essentially 80 dollar oil and 22,000 bopd for oct and 24500 for bodp for nov and dec that is sales not actually produced. I would estimate about 168 million which is top end of the estimates according to Yahoo.
Lets say we start q1 around 28,500 with 90 percent sales and that leaves us with around 25650 for bopd for sales and 80 dollar oil and 90 days that leaves us with about 185 million first quarter. Last quarter we had a 10 percent difference in sales to production and in mid quarter it sounded like LP noted that gap had widened a little.
I will be curious to see that sales to production number again, the amount of gas sold, and the reserves. I would think we are right around that 28 to 31 thousand range on the low end now.
So 168 last quarter and 185 million next quarter which I think is low.