Allenergy Inc. (ALRY)

[LDC]

"It seems to take two months (average) to drill and bring a new well on line and producing. There still is amble time for reaching 10,000 boem production this year. That production would defiantly warrant a .50 to 1.00 pps."

Imo, these shallow wells take one day to drill and log, next day they can install the casing, a day or two to install equipment, a day or two to run piping, then dewater. I'd say a week to two weeks and a well can be producing revenue. Weather and availability of equipment are major factors in getting the wells online. If memory serves me, Larry wanted to have 15 wells drilled in a six month time frame last year, that averages over two per month.