Energtek Inc (EGTK)

[blackpeter1]

If you want to really have fun with the math think about this: EGTK may have up to 26 Million barrels of oil. If you took just 10% of that #, it comes to 2.6 Million barrels. Now figure a Barrel has about 42 gallons (not sure what % of a barrel is actually refined in the end) and multiply by $3.50 (price/gallon in America but is way more in other countries and $4.00/gallon in America is on the way). In this example we'll use $3.50 to be conservative. So we have $3.50 x 42 = 147. 147 X 2.6M (The 2.6 is the 10% of the 26 Million barrels ) = $382,200,000!!!!!!! THAT'S JUST BASED ON 10% OF WHAT IS STATED IN THE U.S. DEPT OF ENERGY'S GEOLOGICAL STUDY! $382 Million at just 10% and at only $3.50/gallon. Double it for 20%, triple it for 30% and so on and so forth...

Multiply by 10 if the the study is 100% accurate and we're at almost $4 Billion.

This doesn't even take into account the gas that is there and that will be used for the Israeli projects. Our own gas...

And, this has nothing to do with the main operations that will have Hundreds of Millions in booked business soon following the first contract that was announced already for $100 Million. Pretty funny that there are actually shares that get sold under a Dollar/share.