Manzo Pharmaceuticals Inc. (MNZO)

[txag92]

Please double check your math. BBL is just the abbreviation for a barrel. I get 54,750 in a year assuming 100% uptime, not 54 million.

Below is an excerpt from a news article on ConocoPhillips. Notice how they are getting excited about 65,000 barrels per day from 150 new wells. Their wells are averaging 433 barrels per day and this is an established major player in the oil biz. Your 6 wells would have to output 25,000 barrels per day. You numbers just don't add up. This stock would not be in pinky land at 54 million barrels. Think about it.

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The company also plans to drill 150 new oil wells this year in its Eagle Ford project in southern Texas and anticipates hitting peak production of some 65,000 barrels per day in 2013. Mulva's expanding shale operations, too, having added about 90,000 acres in North America last year.