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Re: None

Monday, 05/29/2006 11:28:05 PM

Monday, May 29, 2006 11:28:05 PM

Post# of 46027
We all started here with a little undiscovered O&G co. Now we have a BIG O&G co. This will be the next Lukoil, they are going to be huge.

Upside is 3+ in 12 months or less. AURC is 6x sweeter and I am invested accordingly.

Oil assets are carried at the LOWER of cost or fair value. I can GUARANTEE all of you that there is a MINIMUM of $1.25 billion worth of oil/gas assets here.

Probable reserves go for $5 bbl in the ground. 250 million bbls probable x $5 = $1.25 billion.

+ the transportation and storage revenues = value easily over 1.5 bil or 2.48 per share.

With favorable tax law changes in the wind, that could easily double to 4.96 per share in the next 12 months.

Vic