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timhyma

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timhyma

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Re: EZ2 post# 80859

Tuesday, 04/24/2012 6:38:35 AM

Tuesday, April 24, 2012 6:38:35 AM

Post# of 120388
GBR- not a divy play, but they are in the sector:

The most significant components of the loss recorded in 2011 were bad debt expense of $10 million and impairment expense of $1.4 million for the Company’s oil and gas properties.



Due to the decline of the prices for natural gas during 2011 the Company has taken a non-cash charge to operations of $1.4 million as an impairment of the Company’s oil and gas reserves.



Small Cap plays: #board-865
Big Board plays: #board-711

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