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Take ten months to set the well. Once it's on-line,we go 70-30, 70 my way. I'll pay you back 20%to service debt. When the loan's paid, it's50-50, but it's a true split. We split everything.We split the overhead, the maintenance, all of it. You got your numbers backwards. The fuck I do. I'm paying the rig expenses and servicing debt,and you're making 30%. 60-40 with a 30% promoteroff the top. I can't cash flow the rig. I'll give you a pick rate. And no debt serviceuntil your well is on-line... No, I'm not my son.I don't loan to lose
Full Transcript
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Take ten months to set the well
00:00:02.933 --> 00:00:06.074
Once it's on line we go 70 30 70 my way
00:00:06.099 --> 00:00:08.694
I'll pay you back 20 to service debt
00:00:09.999 --> 00:00:12.001
When the loan's paid it's 50 50 but it's a true split
00:00:12.999 --> 00:00:14.221
We split everything We split the overhead
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the maintenance all of it
00:00:16.523 --> 00:00:18.001
You got your numbers backwards
00:00:18.116 --> 00:00:19.627
The fuck I do
00:00:21.012 --> 00:00:23.998
I'm paying the rig expenses
00:00:23.001 --> 00:00:25.731
and servicing debt and you're making 30
00:00:27.314 --> 00:00:30.284
60 40 with a 30 promoter off the top
00:00:30.336 --> 00:00:32.978
I can't cash flow the rig
00:00:32.999 --> 00:00:33.533
I'll give you a pick rate
00:00:33.726 --> 00:00:35.435
And no debt service until your well is on line
00:00:35.046 --> 00:00:37.728
No I'm not my son I don't loan to lose
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Movie Summary
A modern-day tale of fortune seeking in the world of West Texas oil rigs.
