Osage Exploration and Development Inc (OEDVQ)

[longinvest]

I would say that those numbers are extremely low. Here's what I can figure from just three of their producing wells:

Wolf is producing around 800 BOEPD
Krittenbrink is producing around 600 BOEPD
Blevin is producing around 550 BOEPD

So that right there is 1950 BOEPD and we are barely into 2Q... 1Q will be very interesting. Hang on I think we are in for one heck of a ride IMO!

Oh.. Don't forget the Colombian assets! It brought in $3.8 Mil last year. Here's what they said about it on their website:

"The significance of the Colombian assets to Osage goes well beyond the revenues and cash flows they have generated. Together, they have enabled Company management to operate without prematurely burdening the company with debt or issuing equity at overly dilutive valuations. With the cash flows that the Colombian assets provided Osage, management had the time to assemble a portfolio of high-quality domestic exploration properties. The same cash flows continue to cover most or all of Osage's overhead expense today."