Pyramid Oil Company (PDO)

[easypikens]

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.