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Re: PTLIAMHIS post# 27736

Thursday, 01/10/2013 1:51:41 PM

Thursday, January 10, 2013 1:51:41 PM

Post# of 71458
Remember we only get 10.35% of what the I1 well produces... If it hits 400 we'll only get about 40BOPD... We need phase1 development of Dbar and the other land lease acquisistion to get close to 500.... From there VM gets us another 1200BOPD "potentially". Phase 2 of the 2 land leases could get us another 500-1000BOPD. With the current plan we could see 1700BOPD this year... Let's not get ahead of ourselves though... We need to see production numbers from the I1 well, loans & acquisitions close, toxic debt paid off.

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