Moon Equity Holdings Corp (MONI)

[mdimport]

Good catch:

5 BOE/day x 300 days x 50 wells ~ 75k BOE / Year x $50 / BBL = $3.75M

Assume its 3 BOE / day

3 BOE/day x 300 days x 50 wells ~ 45k BOE / Year x $50 / BBL = $2.25M

Who goes public trying to drill wells that produce by their own numbers 5 BOE/D and that is IF they hit.... ( and this is their high end production est.)

"...EPA is in the process of drilling 10 wells in Venango County, PA on the course lease. In addition, EPA has the ability to drill 40 more wells on the same property. The first 2 wells have been drilled and a Geological Report, with pictures shown below, has been completed on the first well which shows strong oil reserves...."

http://ih.advfn.com/p.php?pid=nmona&article=63982322

http://www.depreportingservices.state.pa.us/ReportServer/Pages/ReportViewer.aspx?/Oil_Gas/Permits_Issued_Detail

High five's for shareholders if there are 3-5 BOE/ day x 50 wells.

Great upside potential with a market cap of ~$950k.

http://www.otcmarkets.com/stock/CYBK/profile