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Re: windough-shopper post# 3088

Thursday, 04/14/2011 4:30:55 PM

Thursday, April 14, 2011 4:30:55 PM

Post# of 67170
I like the fact that eagle has no debt at this point, and Brian is trying to upright the ship. I talked to the rework company owner who did the reworks 3 years ago before the banking collapse and oil prices fell to $35. He told me that those wells are perfectly good and just need someone to start in on them. He also told me that in the last several years that Brian has learned a lot about the oil bussiness and he has come a long ways. He also said he owns shares of the company and says he wouldnt think of selling his shares. I dont know how active he still is in the rework bussiness, but at any rate hes optimistic about the forward motion of the company. Brian is fortunate to have eliminated debt and found a company like nitro to rework for profits from oil sales. This does give a good vote for the quality of the wells and the future of the field. Sincerely yours, KB.
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