North West Oil Group, Inc. (NWOL)

[STRONGUS]

Thanks for sharing..We are very undervalued looking at this comparison!!

Posted by: eik
In reply to: None Date:8/18/2007 10:08:12 AM
Post #of 35874

SaratovNefteGeofizika posted results for the 2nd quarter 2007:
http://www.e-disclosure.ru/portal/company.aspx?id=2894
Quick look at 69 pages of detailed information, converting them into US dollars, pretending that they belong to NWOG, and extrapolating to the entire year 2007:
Sales: $43,059,371.36
Net (undistributed) Profit: $1,150,795.50
Production: 1610.4 bod ~ 590K brl/year (plus 58.5 m3 gas/day)

NWOG’s market cap as of Friday’s close: ~ $26 mln, which is almost two times less than SNGF sales alone… and SNGF produces less than current NWOG numbers. SNGF’s production would translate into additional ~ $0.055 per NWOG share if NWOG+SNGF was a takeover target (ignoring the value of reserves). Plus NWOG itself is worth something (~$0.13/sh right now, according to Malyshev). And what is NWOG’s PPS now?