I am traveling and thus not able to post as often or as in depth as usual.
I will do my best to keep up, but it will be more difficult. Bear with me.
Denbury (Encore) transcript, 1Q, 2010.
CLR presentation, May, 2010.
EOG presentation, 1Q, 2010.
CLR:
540,000 bbls/well
Cost per bbl: $17(down slightly from cost in 2008, but at high end, $15 - $17/bbl)
Profit per well: 540,000 x $50 = $27 million
Their oil contracts are hedged at $92/bbl
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