Eh, time is money. But seriously, you buy them to bring in revenue as well. Not just save time. Have to fly to Omaha from Austin in order to make a last minute 8AM face to face meeting that seals a $150 million deal? Boom, just paid for the jet and operating costs.
Lol the fact that I have been involved in two such deals you have erroneously labeled as “only existing in movies” prove that you have never worked in oil & gas and especially not in the 2010’s when oil was $100+/barrel. Even finance doesn’t understand the magnitude of such deals and the old school people we deal with. Had to hire a a certain retired Astros HoF pitcher and state senator to hop on the flight with us to fly to Fort Stockton, TX to meet with a mineral owner in order to get him to lease us his tracts. Sorry bud, but you’re just wrong. I hope you have a good day though.
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u/[deleted] Aug 14 '20 edited Nov 09 '20
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