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Re: chacmool post# 2285

Tuesday, 07/27/2010 7:54:58 PM

Tuesday, July 27, 2010 7:54:58 PM

Post# of 2382
chacmool) Not a bad deal if Domestic Energy retains 30% IMO! From $200,000,000 in reserves, that should amount to $140,000,000 in operating cash for Domestic Energy and Westmont could be getting off cheap IMO! The new technologies to recover oil and gas are in play now. I'm sure they have been talking about proven reserves when they put a cash value on those wells. Don't forget, the wells have already been drilled, they just need to be opened with a new frac tenique for better results. Time tells all IMO, stay on this and make money with me. I wish the best for you! Go slow for now until we see proven results with news and filing! Good Luck!