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Re: investorguy post# 14922

Wednesday, 07/09/2008 3:54:37 PM

Wednesday, July 09, 2008 3:54:37 PM

Post# of 33129
So for about $150,000 to update 30 wells, we could see something like 1bbl/day x 5 days x 4 weeks x 30 wells,

20bbl a month per well x 30 wells conservatively

600bbl a month x $110bbl = $66,000 a month in revenues.

And that does not include the gas line being hooked up. That could be another $12,000 a month.

Now if all 60 wells are producing 1 bbl a day, we could see over $120,000 a month in revenues.

From a company that had nothing to a company with exponential possibilities.

"Never Never Never Give up" Winston Churchill

Most posts are In my opinion as I like to ramble and usually don't know what I speak about, please do your own DD.

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