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Re: pnew122 post# 14012

Monday, 04/17/2006 10:03:38 PM

Monday, April 17, 2006 10:03:38 PM

Post# of 79921
Wolverine is a private company that pays one family a 12.5% royalty for a good chunk, at one time I know Wolverine had 150,000 BBL per month = approx 5,000 BBL/d, I am sure it has grown since then. They are trucking it out, a few more discoveries and continued development will draw the attention of a pipeline comany. As much as I can figure, PBLS and EDNE are on trend. EDNE was punished by stocklemon which are famous for shorting. The refinery in SLC will buy anything they can get their hands on and Kinder Morgan has long term plans to build a new refined products pipeline to Las Vegas. Enbridge is building a pipeline for crude from WY to Holly Corp Woods Cross. Lots of action going on there, but it will be up to the drill bit to prove it out.

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