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PinkElephant

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PinkElephant

Re: A deleted message

Friday, 08/22/2008 3:07:20 PM

Friday, August 22, 2008 3:07:20 PM

Post# of 51429
Quite frankly, and in my opinion, I think we could ultimately have exactly what Hemi was expecting out of this well. An above average (for the area), as high as 10 BOPD oil well with a significant amount of currently unmarketable natural gas to add to their reserves.

It wasn't Hemi that set expectations higher than that.

Assuming the 22BOE/day numbers are not-overstated, they could go drill 10 more similar wells in the trend with similar results and by ultimately getting a market for the gas easily have a $1/share company.


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