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vineseeker2

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vineseeker2

Re: retep0517 post# 182147

Friday, 10/09/2009 10:34:44 AM

Friday, October 09, 2009 10:34:44 AM

Post# of 362596
Retep, not till I know whats down there in these five wells.
I know someone who invested in a shallow oil well, under 4000' in southern Illinois, total cost $2500.00, his share, 1/64 of first years production, almost $18,000.
Would you sell that 1/64 for $7,500? Now a dry hole I would, but before they announce the data on the first two & while they are drilling three more, no way.
I don't think SEO would sell for that either. Share price dosen't mean anything right now.
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