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Re: SOUTHPEN post# 960

Sunday, 03/18/2012 9:59:35 AM

Sunday, March 18, 2012 9:59:35 AM

Post# of 1243
I see Barry Lasker sold some leases in the past to Delta. Lasker is the CEO of Enhanced Oil Resources, EORIF or EOR.v.

EOR.v has $25.5 million cash and is embarking on a drilling program. Infill drilling, 20 Acre down spacing. 3-2000' laterals permitted and ready to go, cost $3,000,000. Current production of 360 bopd could double along with the SP. SP currently trades at cash (.16) and does not reflect PV-10 values, currently valued at $66.6 million (.41).
Volume:
Day Range:
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Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y