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fsmith1952

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fsmith1952

Re: braden post# 24680

Tuesday, 10/27/2009 4:21:19 PM

Tuesday, October 27, 2009 4:21:19 PM

Post# of 47790
Correct me if I'm wrong... but the 22 million is NOT revenues... it's a formulated value of the O/G wells. We have yet to see what kind of annual income the wells will produce. I'm guessing maybe a couple of million a year in a good oil/gas market. I never thought I'd WANT the price of oil and gas to go up... but, at this point I might not mind so much.
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