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Term

LOE (Lease Operating Expense)

Short Definition

Recurring operating cost per well/field.

Extended Definition

Covers labor, power, chemicals, maintenance, water handling, and taxes.

What It Means to an Investor

Lower LOE widens netbacks and cushions price downturns.

This is your opportunity to invest in oil directly.

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Bass Energy Exploration

Independently owned and operated by the Bass family.

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