InvestorsHub Logo
Followers 10
Posts 448
Boards Moderated 0
Alias Born 12/30/2000

Re: None

Thursday, 02/21/2008 12:19:10 PM

Thursday, February 21, 2008 12:19:10 PM

Post# of 923
The latest quarterly states, “....the Company will be profitable if 85 barrels of oil are produced and the price of oil remains above $80.00 per barrel.”

Oil is at $100.00 per barrel, so I suspect they will be profitable much sooner. I also believe they probably have more than three wells on line by now.