Diversified Oil and Gas Holdings (DVFI)

[spiras]

Agreed Imperial. Even if we have only nine months of production from the three wells, we have net revenues of $3.7M (assuming the same decline rates as those of Grimes #1). So in theory even if they cease producing completely after nine months (which is unlikely), we can still maintain the same level of revenues by bringing online anothe three similar wells per year. That really shouldn't be too difficult, should it?