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Re: xwallstreet post# 161141

Tuesday, 06/12/2012 2:18:01 PM

Tuesday, June 12, 2012 2:18:01 PM

Post# of 304356
~FOGC $7,000,000 million annually from Cressent Energy's completion of an all-cash basis acquisition
of an oil well with solid production capabilities. Cressent anticipates producing up to 200 barrels of oil a
day by the end of 2011 after reopening almost three dozen Texas oil wells. With oil prices currently
hovering around $100 per barrel and expected to rise, FOGC is looking at pumping approximately
$20,000 worth of oil to the surface each day. That translates to over $7 million annually if all
developments proceed as anticipated by Cressent Management.

http://www.cressentenergy.com/

http://www.fortuneoilandgascorp.com/

http://minfile.gov.bc.ca/Summary.aspx?minfilno=082KSW100

http://minfile.gov.bc.ca/Summary.aspx?minfilno=082KSW101

http://minfile.gov.bc.ca/Summary.aspx?minfilno=082KSW047





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