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Re: asdgwest post# 2585

Wednesday, 03/14/2012 3:32:32 PM

Wednesday, March 14, 2012 3:32:32 PM

Post# of 2644
They are out there...

I have found one that is valued at or near the cash in the bank.

$25.5 million (.16 a share)

Assets....

28,000 acres, PV-10 2 of the 3 fields they own, 360 BOPD production and plans to drill 3 laterals. If each lateral only produces 200 BOPD that will triple the current production.

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