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Re: PROFIT PROWLER post# 2

Thursday, 05/29/2014 2:41:51 PM

Thursday, May 29, 2014 2:41:51 PM

Post# of 64
It would be nice to know how they plan on paying off that debt by 2016 ... as I thought I took prospectus proven reserves and multiplied by 91/bbl and how ever many months and didn't come close to the amount... maybe I should double check or maybe they plan on getting leases from daddy's company PXD as people can't drill their 3 yr leases in Eagleford and it's open game down there for out of mega wells area, (the big drillers put on backburner to look at later), like the 400-600 bbls/day area of Eagleford (Cramer mentioned something about Eagleford leases for PXD so I assume deals to acquire are ahead) glut down there too forming according to Cramer...)

When is the new oil pipeline due to open their in Permian this June for the taking to Houston area?