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SeaOhToo

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SeaOhToo

Re: Timothy Smith post# 6150

Tuesday, 07/10/2012 5:08:07 PM

Tuesday, July 10, 2012 5:08:07 PM

Post# of 7618
Jett, while I see XBOR maxed out on credit, is out of cash and no availability to finance future development.....basically dead in the water....

EOR has $25 million in cash, NO DEBT, a $25 million credit facility, production of 400 bopd (95% Oil), starting a long term drill program...70-250 wells, currently in the middle of a 3 well lateral infill drill program. Selling at cash value, $25MM. Assets valued at $55MM.

http://investorshub.advfn.com/Enhanced-Oil-Resources-Inc-TSX-EOR-18209/
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