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Friday, 05/18/2007 10:23:46 AM

Friday, May 18, 2007 10:23:46 AM

Post# of 132366
WRNW is apparently getting out of the oil and gas (production) business to focus upon "Well Renewal."

That was not very popular today among many readers. People want to think, Oil, Oil, Oil coming out of the ground. Although the higher oil prices will make the rejuvenation of dormant wells more feasible and there will be a huge number of them (thousands) that will apply for renewal. Apparently this management team has decided that the real money for them is in the renewal of wells. Lots of wells -- soon.

A solid business model is being formed to capture a huge emerging market.

What's wrong with that???