Eldorado Exploration Inc (fka EDEP)

[TopHat]

There is still a lot of oil out there that we have not even begun to tap. There is times more oil that we knew of. Here is one more just for fun: (the point being that the alarmist who have claimed that we are/have run out of oil are just "the sky is falling" types):

"A new piece of oilfield technology developed by a former Howard Hughes company is about to revolutionize the oil industry – and could help producers recover 2,978 million barrels of “missing oil” in the state of Texas over the next 10 years"

http://www1.youreletters.com/t/381791/11428075/789840/280/ (note: this is a sales promo letter, but it still expresses the point of the missed opportunities now present before us thru the development of new drilling techniques.)

Here is a fun paragraph from the article which comments on the "peak oil" that others with agendas wish us to believe:
"But what does the technology mean in real dollar terms? Right now, U.S. production is hovering around 1.9 billion barrels a year - roughly 1.5 billion below the historic high set in 1970. Ideally, BDM would help to boost it from 1.9 billion barrels to about 5.7 billion barrels - a difference worth some $223 billion dollars in today's market." Like I said earlier: Our peak is still in our future!

I get this stuff weekly, this one just showed up in my email this morning, though it is actually "old" news.