Arete Industries (ARET)

[wildcatter09]

YukonKing, What you stated is one reason, the other is the PUDS which may or not included in the deal to be acquired from DNR. If the PUDS are included then, there is a chance that these puds do have reserves left in them. It will then increase monthly oil production = added revenue = value. WE will have to wait to see the outcome, if and when further news come in respect to what I stated. My fair value as stated $.25 - $3.00 In my own honest opinion, of course. Look at the history of FPP- Field point Petroleum the last ten years.