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OilStockReport

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OilStockReport

Re: pepeoil post# 118

Monday, 12/27/2010 2:22:50 PM

Monday, December 27, 2010 2:22:50 PM

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That alone doesn't mean to me that they will never payout. We have wells that produce around a barrel a day and it is economical based on the project. However I agree that doesn't give a lot of upside to a company like this. I am doing more DD on their potential for 2011 so haven't made up my complete opinion yet.

This is not an offer to buy or sell securities or any kind of investment advice. Oil investment carries very high risks so consult a licensed professional making any decisions. My resume is real time on Twitter @TurnKeyOil.

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