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texas tom

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texas tom

Re: stevieberliner post# 44716

Tuesday, 07/01/2008 4:43:00 AM

Tuesday, July 01, 2008 4:43:00 AM

Post# of 46027
I believe you have hit on the right answer. The audit would have been for a specified period of time which ended June 2008. For all we know, the audit may have been completed a month ago.

The Northwest Oil Group specifies on their english website under Investor Relations that they will be producing 4,866 BOPB or 240,000 tons of oil in 2008. This is different from the 180,000 tons of oil or 3600 BOPD during 2008 as stated in their Company Profile. Can the two numbers be reconciled?

The value of the two subsidiaries is about $200 million, or $9 per share, at present oil prices and published share structure.


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