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Tuesday, 12/12/2017 10:09:57 AM

Tuesday, December 12, 2017 10:09:57 AM

Post# of 6698
$MKSEF (OTCQB) Marksmen Energy Inc. Anybody watching this one? News out yesterday. CEO confirmed 20M to 24M float. Horizontal well drilling in proven reserves in Ohio. Extremely high grade light sweet crude, specialty application type oil, well above fuel grade. Five wells planned to be drilled starting this month, 1 test well already producing. $1.4M cost to drill each well with an expected $24M return on each well. That $24M estimate is based on a $50 BBL crude price. Agreement is already in place with a local refinery who will take delivery of the crude at the well site and pay WTI prices, so transportation costs and top dollar for their product!

https://investorshub.advfn.com/Marksmen-Energy-Inc-MKSEF-31107/

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