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LDC

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Alias Born 11/25/2006

LDC

Re: nuggetman post# 17595

Saturday, 07/26/2008 10:20:16 PM

Saturday, July 26, 2008 10:20:16 PM

Post# of 20456
Thanks for the information Jess. I'll bet the Allenergy crews were out working for shareholders today, we had a company rain Friday, it came in late in the evening, but it's bone dry today. On my way to Wichita this pm, and driving through Montgomery and Wilson counties, there were several workover rigs at work, pump jacks pumping everywhere. Oil may have dropped, but its still hovering around $125 a barrel. $30 to $40 a barrel is profitable on the wells Allenergy has, the company should be doing really well. At 4000 BOE, the revenues will double the present $3 1/2 million market cap. Is that undervalued?