OTCBB ALERTS

[Dr Dave]

IDCN - Total Reserves are estimated to be 4,931,800 net barrels having a combined future net revenue of an estimated $150,631,000 during the remaining productive life range of approximately 17 to 25 years.

Wells on the adjoining leases had initial production of over 100 barrels of oil per day (BOPD) on the average with some wells having initial production rates exceeding 1000 BOPD. Most of these wells flowed for over 5 years and 20 years later were still producing in excess of 25 BOPD. Production came from multiple pay zones that are the same zones expected from the East Merkel structures.

AT $70 per barrel = $345 million