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acrock

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acrock

Re: wshaw14 post# 1897

Wednesday, 03/11/2015 1:14:15 AM

Wednesday, March 11, 2015 1:14:15 AM

Post# of 2594
So let's fast forward 3 years. DWOG has completed 3 more wells and is netting 100 barrels per well for total production of 400 barrels day. Oil recovered to $85 average and DWOG nets $35 barrel for profit of $5 mil or approx. 2 cents/share. What should the stock price be worth ?
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