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Thursday, 05/08/2014 1:06:15 PM

Thursday, May 08, 2014 1:06:15 PM

Post# of 30644
Been away for awhile but watching from the side lines. Accumulated a couple million shares today. Thought it was time to buy back in some. From all that I read and hear, IF and I say IF real production comes on line in the next month, it is likely to be BIG, not the trickle of the past. They have been re-pressurizing multiple wells with the salt water/ CO2 injection for awhile now. That pressure is building in those wells and none of the production is on line yet to draw it off. The BOD rate when it does come on line is not going to be a trickle. Production looks to be starting soon, when it does this, PEII's share price will NOT be .0007/share and will likely NEVER see this level again. It is a nail bitter though, I'll give it that and NOT for the faint of heart. IMO. Hopefully Floyd will come through with production, FAST!

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