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germanium123

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germanium123

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Friday, 09/19/2014 3:39:42 PM

Friday, September 19, 2014 3:39:42 PM

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Armada has a good chance of producing oil from the well they drilled in Wyoming. The well Logs from a independent company is good. From the showing they got on these logs I am sure money can be raised fairly easy to drill a horizontal well in the Niobrara strata which has 135 feet in 3 different benches. Also they may hit a big pool of oil like the one 3/4 north of our well in drilling the horizontal well. Some of the other land we hold lease on may be even better than the one we drilled on. I have not given up yet. I believe the first well could produce 100 to 250 barrels per day IMO.
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