Strongtower. I don't mean to rain on your parade but you should probably search around online and actually learn how equity is valuated.
You are taking the maximum 'estimated' # of barrels multiplied by the PPB futures and then dividing that by the O/S.
So, basically you are saying that this company can operate without any expenses whatsoever. The oil just magically flys out of the ground and into the barrels, which then magically transport themselves to the buyers, etc all the while no employees are being paid because they are not needed.
Do you know what grade of oil they expect? That has a great amount to do with what it can be sold for. Do you know what they estimate to be their cost per barrel of oil, or in other words their profit margin? Have you done a sensitivity analysis to see what would happen to the company if the price of oil dropped more? Have you checked the history of the company executives to make sure they aren't just some crooks with a pump and dump? Have you checked to see if any other oil companies operate in that area (ie there is a chance of oil being there)?
That is the kind of information you should have before going off touting making 300 large on less than 1G. That is rediculous. If that were the case why the hell would the company be selling it's common equity for so low when it could obviously demand an exceptionally higher price from rational, sophisticated investors given the information you cite.
Now, I haven't spent any time to DD this company other than looking over you iBox. I'm not trying to say that it won't be a good investment, but before you try to entice other people to it, ie through your siggy, maybe you should dig a little deeper.
Market Data 
Markets 
AI
