Diversified Oil and Gas Holdings (DVFI)

[shermann7]

This is Great News - We have to remember the 1600 Capped wells in Grimes of which only 2 have been slotted. This is an absolute Goldmine!!! Expectations are that we will average 1400 MCFD which is huge!!! You do the math - My calculator will not go that high. Not to mention the 150,000 cost per well vs. 750,000 for drilling a well. We know there is gas in the wells - Drilling can still have dry wells or low production wells. I am not sure the eqp we bought is capable of hydroslotting. We will find out in subsequent PR's. This is an absolute Goldmine!!! Not to mention that .27 PPS is where we should be with the acquisition!!!

Shermann