AER Energy Resources, Inc (AERN)

[Fureal]

ROI for BLACK GOLD JV -
$60K for 10% operating interst in 2 new wells drilled at 1800ft.
Projected revs over 3 years = $243K - $810K (depending on BOPD) (for $60k investment with $52.2K reduction in taxable income)

Year 1
BOPD R.O.I. MONTHS MONTHLY ANNUAL
100 405% 3.0 $ 20,250.00 $ 243,000.00
70 284% 4.2 $ 14,175.00 $ 170,100.00
60 243% 4.9 $ 12,150.00 $ 145,800.00
50 203% 5.9 $ 10,125.00 $ 121,500.00
40 162% 7.4 $ 8,100.00 $ 97,200.00
30 122% 9.9 $ 6,075.00 $ 72,900.00