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bruce4653

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bruce4653

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Monday, 07/16/2012 12:32:12 PM

Monday, July 16, 2012 12:32:12 PM

Post# of 2998
Based on release, the two wells will generate $2 million-$5.5 million in revenue based on 10hrs/day pumping on #2 and 30bbls/day from #1.
This means UTOG should have a MINIMUM positive cash flow of $200,000-550,000 per year from just two wells. This should prevent UTOG from shutting down and ceasing operations.
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