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vip1999

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vip1999

Re: dave5197 post# 1080

Tuesday, 10/31/2006 8:30:17 AM

Tuesday, October 31, 2006 8:30:17 AM

Post# of 10403
according to their PR on 100 barrels in 36 hours for 9 wells.

let say they can do 70 barrels a day and $50 per barrel

70 * 350 = 24,500 * 50 = $1.2 million (simple math)

Just on those number, they can make roughly $2 million a year.

at 200 mil OS that is .01 per share or revenue... and this is just a beginner number.

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