Worthington Energy, Inc. (fka WGASQ)

[xZx]

officer, thanks for the kind words. let's run those numbers again, this time adjusting for asset values.

8.53M to their 6.25M

this means an approximate .44 peak relative price target should be multiplied by a factor of 1.416... this gives us a high target (relative to the OEDV chart) of .62...

http://finance.yahoo.com/q/bs?s=WGAS

http://finance.yahoo.com/q/bs?s=OEDV

but, like i said before, these numbers don't include pending acquisitions like d-bar and south texas, either.

let's say the two acquisitions d-bar and south texas increase it from 8.53M to 12.5M. do the math: that's twice the asset value of OEDV, and so you can double all those numbers: a .42 target for current OEDV value, and probably up near .88 to .90 at the peak of the OEDV run. jmho.

http://finance.yahoo.com/q?s=OEDV