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Tuesday, 05/16/2006 4:04:35 PM

Tuesday, May 16, 2006 4:04:35 PM

Post# of 6250
Old Blast customer NGS news
Natural Gas System one of the old Verisys/Blast customers sold one of thier oil fields for $50 million plus they get 25% after the first $200 million revenue. The new compnay is going to invest $200 million in the field. They think that the 25% could be 10 million barrels or more. At $60 a barrel that is $600 million dollars over several years. This turns NGS from a couple million dolars a year revenue to a $10 million plus a year plus in a few years.
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