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Wednesday, June 30, 2010 5:35:10 PM
http://www.google.com/search?q=bdgr.pk&rls=com.microsoft:en-us&ie=UTF-8&oe=UTF-8&startIndex=&startPage=1
they are suggesting that in humble they will get nearly a 4000% increase in production from EOR (that is if you do the numbers
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=51877541
point is that eor holds promise of on the order of 1000%'s of increase in production levels
Applying this to ooag @the concord dome in anderson county which is north of humble about 30-40 miles give or take a few--hence given a 7 year horizon for a full draw (by bdgr's numbers), we are looking at about 150,000 barrels per year or at 70 bucks a barrel or ten million bucks in revenue, if the expanded acrage adds a double to that then we get more like 30,000,000 a year in revenue, or 15 cents a share in revenue, note bdgr is running those numbers w/ EOR and only 4 wells
imho, based on what bdgr said, and we all know they not all that reliable, nonetheless, bodes very well for ooag and frankly makes me think that ooag is being conservative about their prospects
jmho as a possible speculation with ooag FWIW
-real
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