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Saturday, 01/04/2020 7:04:06 AM

Saturday, January 04, 2020 7:04:06 AM

Post# of 127559
February 2020 Revenue Ball Rolls In!

Translating this into practical terms, we believe there are primary reserves of 436,000 barrels of oil and 1,258,000 MCF of natural gas. Secondary reserves would add an additional 280,000 barrels of oil. Once we drill, we can then prove the reserves, which will allow us to book the proven value as an asset.” Mr. Fischer continued, “Based on these numbers, we believe that pursuing a drilling program on the Klein Ranch is a top priority for 2020.

While this prospect admittedly is not going to generate billions in revenues, it should provide in excess of ten-times return on our drilling and completion investment over a four-year period. With that in mind, we are looking to drill and commence production on the Klein Ranch in the first half of 2020.”



What they spent previously could all come back with this drilling!!! 10XS in EXCESS!!!

This is just the beginning... WOW!

Dragon52