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Post# of 42999
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BobSinCA

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BobSinCA

Re: crazyjogger925 post# 18599

Wednesday, 10/06/2010 4:32:05 PM

Wednesday, October 06, 2010 4:32:05 PM

Post# of 42999
The recent stock high (2008) occurred when oil was nearing $150/bbl (and drilling imminent, with financing in hand), so valuation is certainly affected by pricing.

Just a mere matter of drilling more than 1000 feet.
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