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Re: stockguy1000 post# 3026

Saturday, 04/02/2011 7:38:58 PM

Saturday, April 02, 2011 7:38:58 PM

Post# of 67175
Thankfully Eagle debt is almost paid off. Even though at the cost of some dilution, Its very positive for the company, and Brian wouldnt be doing it unless it was worthwhile and some positive outcome is the result. Otherwise he'd go on a vacation instead of working out all these details to get the race car on the track like he is. Brian also has inside information on this field from working for standard oil for 18 years. He knows the potential for a gusher in a section of this lease that wasnt drilled or known about till modern technology came along, and coupled with the fact that reworks on these existing wells that contain light sweet are some of the easier wells to achieve excellent production with this newer rework technology. This is why nitro is here and they are intelligent businessmen that arent going to waste time on a low yield project. With oil prices where they are a lot of money will be made by the industrious. Sincerely yours, KB.
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