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Fishing at Surfside

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Fishing at Surfside

Re: Minnesinger post# 23849

Monday, 01/22/2007 11:26:02 AM

Monday, January 22, 2007 11:26:02 AM

Post# of 35788
PR: "the oil is sold under contract to a major purchaser of oil in the area and is reaping a premium over the PLATTS published rate of $2.75 per bbl"

Yes, it looks like a little over $2.75 /bbl.

I'm still coming up with a little over $1MM/year earnings if it's 4500/bbl/month each well. A little confusing.

JMO - Do your own DD.

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