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Re: PENNIEStoSTACKS post# 11946

Tuesday, 06/19/2007 10:32:01 PM

Tuesday, June 19, 2007 10:32:01 PM

Post# of 19921
acquiring 1000 wells within the next 12 months,$60.00/bbl, generate $1,800,000 per month.

12 x 1,800,000 = $21,600,000
21,600,000 x 40% = $8,640,000 annual revenue just for JV oil business.
Dose anyone know what JMCP PPS will be within a year? Any thought?