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cliffvb

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cliffvb

Re: wadegarret post# 102190

Tuesday, 05/27/2008 12:16:50 PM

Tuesday, May 27, 2008 12:16:50 PM

Post# of 174031
CNEH, Wade, oil prices are about $20 per bbl higher than they were in the march quarter and the company will likely increase production by another 20000 bbls (10% increase). There is no doubt that the company will will report higher earnings than they did for the march qrtr. I haven't worked it up yet but I have seen estimates of 21-25c/ share for the June qrtr.

If I wasn't already loaded up, I would be adding more shares on this drop.
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