Northern Minerals and Exploration Ltd. (NMEX)

[redsky7]

I emailed the company late this afternoon

to ask if they have been drilling since June.
We'll see if they reply. You said something
in your post about "20 barrels of oil a day."
They wouldn't drill for that little amount,
ever. A well would have to bring in at least
150 a day to make it worth anything. An oil
well pumping 20 a day is called a stripper
well and near to the end of it's production.
Unless they do a work-over and that's costly.
There's a thousand stripper wells around
Snyder, Tx. where I grew up, and there was
an oil boom there in 1950. Also, those
places NMEX intent to drill are not too
far from Snyder (Scurry county) and has
natural gas on top of the oil. Natural
gas is worth more than oil. So they will
be getting that, too.

Lets see what happens.