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Bobwins

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Bobwins

Re: None

Thursday, 07/10/2008 3:08:35 PM

Thursday, July 10, 2008 3:08:35 PM

Post# of 17741
Exceed Energy, EX-A.v C$.11

http://biz.yahoo.com/cnw/080618/exceed_at_lodgepole.html?.v=1

Tiny producer that hit a big well. 15%WI in 5mmcfpd and 380bpd condensate. Their share is about 175boepd. They averaged 190boepd in Q1. They are now producing 340boepd.

Should produce about 198boepd for Q2 and modest positive cashflow of .0086. Q3 with a full qtr of the new well should be more like 325boepd and .019cashflow. Forward annualized cashflow of .076 or less than 2 X cashflow. Very cheap!

Bobwins

Doesn't have a pinksheet symbol but Ameritrade has a new way of buying Canadian stocks. They quote me a US$ price but I have to call in the buy/sell transactions.

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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