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Re: etatsdilos post# 28560

Monday, 07/09/2007 11:24:43 PM

Monday, July 09, 2007 11:24:43 PM

Post# of 44006
In Response to:
"I'll still wait for AMEP to buy my vote with good news between now and mid Aug."
Bitters and Co. completed two Padgetts, both with enormous shows of pressure that indicate very substantial wells. The Nash has developed into not one or two, but three-wells with 3 zones. the Barnett just blew out and will be a money maker after a new frac but the High that was just hit is proving to be a "company-maker". Both Padgetts need to be completed, the drill rig moved from weeks of sitting in mud on the 12 and awaiting a pulling unit on the 11. Really, there's no news to release as the wells get completed. Even the Nash is being tweeked still and no "formal" production is available, even to its investors. Those who have more experience might want to pony-up here with a guess on how long it will take to complete these. My own guess is about a month. Meanwhile we're trading at 1/2 our book value while the bashers have fun. When there's news to release, it will come and not before...all in my opinion !!!

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