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Re: playegamke post# 20151

Thursday, 12/03/2009 3:38:07 PM

Thursday, December 03, 2009 3:38:07 PM

Post# of 33129
"GEOLOGICAL RESEARCH REVEALS THAT THE EBERLE #1 HAS RECOVERABLE OIL ESTIMATED AT 100,000 BBLS" No, that's a total misstatement, even in upper case letters. You'd better re-read the document.

"The Buda Zone and the Austin Chalk are two highly respected areas for high levels of production with records showing each zone having produced over 100,000 barrels of oil."

"I have come to the conclusion that the Buda Lime Formation has the greatest potential for oil production although documentation on production history is scarce."

I'd also recommend re-reading the comments on the wells in the area and the total production from some of them.