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Bobwins

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Bobwins

Re: None

Friday, 06/27/2008 6:08:19 PM

Friday, June 27, 2008 6:08:19 PM

Post# of 17741
PRC is a small cap driller with interests in Texas, GOM and North Dakota. Their main project is in North Dakota where they bought several existing old fields and are systemically treating them using waterflood to increase production. It is slowly increasing production to an eventual goal of 11,000bpd.

They are currently drilling an exploratory well in Louisiana and were supposed to reach total depth today.

They will be spudding a deep exploratory well in North Dakota later this summer that will explore their deep target and also explore the Bakken zone that runs under their land. They are not currently producing from the Bakken.

Stock jumped 1.11 at the close to $3.50.

http://biz.yahoo.com/iw/080618/0408068.html

Bobwins

Please post stock symbols first in all your posts. If it's a foreign stock, please list the US pk equivalent symbol.

If the Commodities Boom is Over, I am just a Gold Bug headed for the Windshield of LIFE

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