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blindman28

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blindman28

Re: xZx post# 23949

Monday, 12/10/2012 7:44:44 AM

Monday, December 10, 2012 7:44:44 AM

Post# of 71458
i read that when the deal was made with for Monticeto for VM-179 with the assumption oil would be 85$ a barrel and nat gas would be 4$ per mcf. anything above those prices is a bonus and vice a versa. this is also a reason i bought WGAS because VM is mostly an oil well and when i bought this stock oil was at 93$ and nat gas was close to 4$. stockholders need oil to stay above 85 imo


http://finance.yahoo.com/news/Paxton-Energy-Closes-on-iw-823429673.html
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