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Re: Jagman post# 22404

Thursday, 09/27/2007 1:47:18 PM

Thursday, September 27, 2007 1:47:18 PM

Post# of 28061
ready to stir the pot?
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Mike, we wish the oil could be sold in 2-3 weeks but there is a lot of work to be done before oil sales. We first have to build a series of concrete pads for the surface equipment to be placed. The pumping unit and oil storage tanks have to be set up on a solid foundation first and we also need to have an electric line run out to our pump. A gas line will have to be run for the sale of the gas that will be produced. I have not stressed the gas but it could be very good also. The ND well and Mesa should be finished by the end of the year. The Mesa well will need a pipeline built and another 10-15 wells drilled before production can start. That may take another 2 years. Tom
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Hi Tom,
I think it's awesome news with the ND well. Guess the stock price doesn't reflect that though.
Just wondering, how long until revenues start being pumped out of ND? 2-3 weeks? Also what's the plan with Mesa after revenue starts coming in? are you going to focus on more wells in ND or jump back onto Mesa?
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