Petron Energy II Inc (fka PEII)

[TESLA777]

Im willing to bet it (CO2) could as much as double it, if Im right and they are injecting 400 BBL per day salt brine water on SIMON, and also injecting CO2 then we could be looking at 40-80 BOPD, no way to prove this until we see the data though.

Heres a list of all the wells on the SIMON LEASE (I could find):

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=96017199

Click on each link for each well and look at the 1002A form, you'll see that most wells under original production were pumping out about 4-6 BOPD OIL + 1 BOPD Salt Water.. (some were producing more than that 4-6 BOPD there is oil down there)

So I think the companies projection here are right in line IMHO....