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Post# of 4982571
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barrels

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barrels

Re: None

Thursday, 04/27/2006 10:05:23 AM

Thursday, April 27, 2006 10:05:23 AM

Post# of 4982571
EDEX ..now 024

The Mesa prospect is on a PIP-identified Pennsylvanian Carbonate Reef that is over 25,000 acres in size. The company and its partners have over 11,000 net acres under lease over the heart of the structure. The possible reserves could be over 1 trillion cubic feet of recoverable gas, which at today's price of $8 per MCF would equate to $8 billion. Eldorado Exploration has a net 35 percent working interest in the well and surrounding acreage.
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