Topaz Resources Inc. (TOPZ)

[myyear2011]

Read ..."We do not have an independent engineering reserve study report so we have made a rough estimate of 557,495 net thousand cubic feet of remaining recoverable natural gas to the Company’s ownership interest based on analogue production and a rough estimate of future production"

"The revenues of $61,172 are the result of a rework of an existing well which resulted in the production and sale of natural gas in the amount of an estimated 22,910 net thousand cubic feet of natural gas during the three months ended September 30, 2011."

So they are selling natural gas for roughly under 3 bucks a thousand cubic feet. This means that they have roughly 1.5 million dollars of natural gas that they are drilling.