Moon Equity Holdings Corp (MONI)

[Maria56]

These were the projections:

mdimport Sunday, 07/05/15 08:52:49 PM
Re: GS1 post# 40300
Post # of 50643

Potential flow in year one is broadly:

- 50 wells x 850 BBL / year = 42,500 BBL
- 50 wells x 1,500 BBL / year = 75,000 BBL

Not known if this includes using EOR product, but I suspect not.

The oil will be sold to Ergon, so you can review their website for pricing.

"...After reviewing geology reports EPA's oil drilling program expects between 850 to 1500 barrels of oil per well, in year one. Some wells in the area have produced higher yields in year one and oil yields may fluctuate. The company's current operations are in theOil City, Pennsylvania and Venango County, Pennsylvania areas that have historical proven reserves and are located within miles of the birth of the Oil Industry (Titusville, Pennsylvania). Due to hydraulic fracking, these areas have come back alive and are producing oil again. ..."

ih.advfn.com/p.php?pid=nmona&article=63457462

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