CMF is green since mid August. I would say slowly accumulation before the NEWS
5 trading days until 60 day deadline
Will we get PR next week ?????
1,314,000 barrels per year = $80 M Gross income
income net income = $20 M
Current reserves
4 fields in Saratov region: 21,900,000 barrels; Shalinskoe: 36,750,000 barrels
Total of Restricted Stock 886.298.154 sh O/S
459,487,905 sh increase from 5/15/07
Potential buyout price of NWOG Inc. is 100 mln
IMO Mr. Malyshev has a lot of confidence in this company and soon will be a wealthy man or he did this to prevent a force buyout.
I hope we all soon get the the real reason!
NORTH - WEST OIL GROUP INC.
CONSOLIDATED INTERIM STATEMENTS OF EARNINGS AND COMPREHENSIVE INCOME
(AUDITED)
FOR THE PERIOD FOR THE PERIOD
APRIL 01, 2006 APRIL 01, 2005
MARCH 31, 2007 MARCH 31, 2006
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U.S.$ U.S.$
Sales:
Income 43,148,891 103,996,305
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Operating Expenses 28,046,779 83,822,737
Selling, general and administrative 6,790,541 6,406,171
Amortization/Depreciation 996 792 1 031 828
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35,834,112 91,260,736
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Earnings before Provision for Income Taxes 7,314,799 12,735,569
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Total other Income Net 5,326 20,799
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Earnings before Tax Provision 7,320,105 12,714,770
Provision for Income Tax Expense 1,756,825 3,051,544
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Net Income for the Period 5,563,279 9,663,226
