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SeaOhToo

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SeaOhToo

Re: Californicator post# 1886

Sunday, 10/07/2012 7:01:21 PM

Sunday, October 07, 2012 7:01:21 PM

Post# of 1890
This one has value...

Needs exposure

Market cap of $22.24 million .14-.15, 160 million shares

Cash of $17-22.5 million
No Debt
543 BOPD, revenue exceeds $10 million
PV-10 of $54 million

Drilled 3 wells, drilling 3 more in November.

70-350 infill well program, each well costs $1.2 million and generates 40-100 BOPD.
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