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Re: None

Wednesday, 05/23/2012 12:41:49 PM

Wednesday, May 23, 2012 12:41:49 PM

Post# of 42999
So there are many questions to ask and answer.

Will there be a delay in drilling? YES!

Will we have money to Drill? Yes if we get a lease extension!

Will MRT grant a lease extension? I don't know but I think its in their best interest to do so!

Will we strike oil if we drill? Chances are estimated at about 24% we will but only time will tell!

If all of the lease were granted and oil was found its estimated that about 1,000 wells will need to be drilled.

If you want a gamble and are willing to hold onto the stock for several more years you could make a lot of money if we strike oil.

Thats a lot of Ifs but that is the way I see it.
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