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bhumiartha

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bhumiartha

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Tuesday, 01/28/2014 10:00:14 PM

Tuesday, January 28, 2014 10:00:14 PM

Post# of 2595
DWOG is assigned about 196 million barrels of commercially recoverable (profitable) oil on an independent evaluation of less than half their acreage, by DeGolyer and MacNaughton. This is in a Canadian regulatory filing that can't be released as a news release in US. Check out Yahoo Canada (yahoo.ca) if you want to read the release. Those numbers are pretty impressive, considering they gave up half their working interest in 12 sections as part of the investment deal with Maurel and Prom.
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