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maybe_this_time

01/31/15 9:59 AM

#16276 RE: enthalpy #16275

Just fiddling with some numbers.

624 x .10 = ownership in 62.4 wells.

$10 x 200 million shares is 2 billion dollars.

Is a net ownership in 62.4 wells worth 2 billion dollars?

Whats the oil in a well worth? 5 million dollars?

Maybe 300 million?

$1.50 a share for starters?