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lasherm1

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lasherm1

Re: gilead23 post# 87669

Wednesday, 11/14/2007 10:40:52 PM

Wednesday, November 14, 2007 10:40:52 PM

Post# of 173947
CXPO -- annualized EPS
Gilead, I think annualizing the latest quarter would be extraordinarily conservative given the recent operational update. Q3 was the first full quarter after the property aquisition. There are some very significant wells coming on line this quarter that will add to that .55 EPS:

+ Madisonville, The Fuhlburg well alone will add 5,000 mcfe/d or about a 10% increase in current production. Additional wells are also being drilled in this area.

+ South Texas drilling 1,700 mcfe/day

+ 4 additional wells coming on in November in the Fort Worth property (500 mcfe/d)

+ Liberty county: 340 mcfe/day and 100 BOPD


LASH



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