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Re: RedShoulder post# 26806

Tuesday, 06/26/2007 11:45:40 AM

Tuesday, June 26, 2007 11:45:40 AM

Post# of 44006
GEH, let look at the positive side/prospect of things. Given that we know that the Padgett #11 was announced with an O & G rate of $1.2 million per year, I have 2 questions.

1) What is the potential revenue ranges (high/low) for the Padgett #11, Padgett #12 H, and the Murphy-Nash #1? Lets assume they hit the Mississippi formation on Murphy-Nash #1.

2) How many new wells could be drilled on the Padgett and on the Murphy-Nash leases?

Thanks
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