Scepter Holdings Inc. (BRZL)

[DiamondFire]

Here's the link to Brazo's oil reserves....they are mind blowing btw. Keep in mind that "MBO" means MILLIONS OF BARRELS OF OIL .. this isn't a typo!

http://brazosinternational.info/economic-analysis-and-financial-statements/projected-revenue-and-expense

: Initial Net Oil Reserves Total : 1.42 Billion Barrels

: Upside Oil Reserves Total : 2.155 Billion Barrels

Here's some quick stats for you - this is what the market will be looking at along with the initial drilling and income commencing with done deal...then it will decide how high to take this one ...

Project 1 SB; Cameron County, Louisiana : 25 million barrels of initial net oil reserves
581 million barrels of upside oil reserves


Project 2 Gaines; Gaines, Texas : 270 million barrels of initial net oil reserves
721 million barrels of upside oil reserves


Project 3 Central Kanss; Witchita, Kansas : 448 million barrels of initial net oil reserves
414 million barrels of upside oil reserves


Project 4 CMLC; Cameron, Loisiana : 677 million barrels of initial net oil reserves
439 million barrels of upside oil reserves


The yearly decline rate on wells #3 and #4 are higher than #1 and #2, so perhaps thats why the 'upside oil reserves' fall off...but either way it doesn't matter, as the total initial oil reserves are staggering to begin with ... and the upside oil reserves are beyond staggering.



Moral of this Story? : : : WE HIT PAYDIRT FOLKS!