Enservco Corp (ENSV)

[Bobwins]

Hi Rmiwa,

I noticed that, too. But I think it's the difference between calendar year 2004 vs fiscal year 2004. Maybe the dusters were in the second half of 2003 but in fiscal 2004.

The report is about as expected. I was surprised by the tax provision. I am investigating that further. Did find out that the average royalty is 25% for all wells so I will adjust future calculations.

This isn't dirt cheap but the big increases should still attract attention and ngas is going to be hot over the next several years so I think aspn.ob will be a winner. Bobwins