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easypikens

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easypikens

Re: makesumgravy post# 98

Saturday, 10/25/2008 2:00:36 PM

Saturday, October 25, 2008 2:00:36 PM

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cash flow from gas well hooked up in august is $3500 per day which is $1.2 million to bottom line for 2009. If they hit the other three gas wells they are drilling in texas , then bottom line is $5.0 million plus. thats a $1.09 per share earnings on the gas wells alone per year. puts share price in the $10-12 range.
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