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LDC

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Alias Born 11/25/2006

LDC

Re: bigcoinman2002 post# 14360

Wednesday, 03/26/2008 3:18:08 PM

Wednesday, March 26, 2008 3:18:08 PM

Post# of 20456
Natural gas up as well. At $106 a barrel and natural gas $9.50, wonder what $$$ amount ALRY has in reserve on the Ball lease alone? If there were 100,000 barrels of recoverable oil, that alone would be $10,000,000, twice the market cap! The Blasie and Melander fields located 21/2 miles East of the Ball Lease produced 100,000 barrels of oil before prematurely losing their gas drive. As I understand it, Allenergy is proceding cautiously to prevent this from happening on the Ball lease. As for the stinky share price...our time will come. Production numbers should help it along imho.