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SeaOhToo

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SeaOhToo

Re: CashCowMoo post# 193

Sunday, 03/18/2012 9:41:38 AM

Sunday, March 18, 2012 9:41:38 AM

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Looks like EOR.v is poised to go. $25.5 million cash, permits for 5 wells....3 lateral to be drilled in June. SP is near cash on hand (.16) SP does not reflect production...360 bopd, PV-10 of oilfields....$66.6 million. (another .41)

2000' Laterals reported to cost $1,000,000 each, estimated volumes could easily double current production and share price. Time to accumulate.
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