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SeaOhToo

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SeaOhToo

Re: alfaspider post# 246

Monday, 03/12/2012 9:41:26 AM

Monday, March 12, 2012 9:41:26 AM

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yeah but debt for CANOQ is $90 million, no even close for common shareholders to get any money.

Like I said, EOR has .16 in cash....SP is .17-.18. 2 of the 3 oilfields are valued at 66.6 million, production is 360 bopd, they were cashflow postive a few qtr back. DEBT FREE!

Permits for 5 wells, 3 to be drilled as soon as they can.
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