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lowman

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lowman

Re: zguy post# 14245

Tuesday, 06/19/2007 12:38:13 PM

Tuesday, June 19, 2007 12:38:13 PM

Post# of 51429
Going one step further zguy, if we estimate that number to increase by another 35%-40% when Keith is fully done with all his acquisitions, we can round off reserves to be valued at approx $2B at $65 p/boe, and with a buy-out pricetag of 25% of that figure as a VERY conservative guestimate, every person who owns 1% of Hemi, would receive $5M on the conservative buy-out figure of $500M.

Well worth waiting a couple years for, IMO.

L~



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