Chancellor Group Inc (CHAG)

[bonedaddy77]

Quick update from big Al:

I asked about total number of wells producing but they are in quiet period with 10q coming soon. We'll have updated totals in it.

Somebody was curious about the shares that Shane Rodgers owned. They were extinguished with the law suit.

I asked about revenue estimates and of course he can't give me that info but said if I knew the production numbers it'd be 80% of the West Texas Intermediate Crude oil price and 20% premium over the price of natural gas due to their high grade output.

He sounded very chipper today. We both were excited about the rising oil prices :)