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Thursday, 06/07/2007 11:50:18 AM

Thursday, June 07, 2007 11:50:18 AM

Post# of 44006
rooktrader, you've mentioned Spindletop O&G (SPND.OB),.... for AMEP to equal their production figures. They would need to produce in excess of 1300 barrels of Oil per day and 41,000 mcf of NG per day.

Once thats achieved, and factoring in AMEP doesnt have any significant debt, AMEP's sp may reflect that of SPND down the road a bit.

There's a bunch a variables not included with "My Thoughts". Hurricanes, OPEC, nuts like Chavez and Irans supreme head case.

Similiar small traded companies are

QEGY.ob
TEXG.ob
LXRSE.ob
UPDA.ob (see what debt does to ya)


Where is the sp headed.....my guess would be....



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