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Re: andrewjoseph post# 22567

Friday, 01/21/2011 6:14:10 PM

Friday, January 21, 2011 6:14:10 PM

Post# of 30337
wait a second. is there royalty in foreclosed wells... 50 barrels a day is not out of the question. 100 barrels a day definitely is. your 18-26 barrels a day is nowhere near correct. It is safe to assume with other wells in the area producing 40+ a day that we will be able to as well. 60 new wells will take time and it does not matter if it is on that lease. We have two leases. And DO NOT FORGET we are after some foreclosed wells that produce. If they get the foreclosures, I am almost positive that we can have close to 60 wells this year. (45-60 wells.)

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