NuTech Energy Resources Inc. (NERG)

[biglued1]

Here's something to ponder that I found out today:

Once patented technology is inserted deep into the well, it causes the methane to begin interacting with the coal bed....thus starting up the gas formation again (or something like that)

Each well will only produce 25 to 35 cubic feet of gas per day.

Natural gas sells for $1 per cf so each well could produce on average $30 per day.

NERG will have control of 10,000 wells.

NERG has the capability to produce, right now, 10,000 of their patented units or however many are needed

NERG subcontracts the installation of each proprietary gas extractor to an outside company

If NERG put this technology into only 5,0000 of those wells, it would look something like this:

$30 per day X 5000 producing wells = $150,000 per day X 30 days per month = $4,500,000 PER MONTH

OR

$30 per day X 7500 producing wells = $225,000 per day X 30 days per month = $6,750,000 PER MONTH

I'm beginning to see more of a company that buys up old wells, turns each one into a small revenue stream, and through economies-of-scale.....turns into a huge revenue producer.

They can also license the usage of the technology to other companies. They can do both at the same time.

This will get really good here, really fast. Just need federal approvals and then we are off....