Replies to post #3828 on MDM Permian Inc (MDMP)

[Captainandy]

#MDMP: HOW TO CALCULATE MARKET CAP...:-}



https://backend.otcmarkets.com/otcapi/company/dns/news/document/47532/content



Last month we reported the results of the NuTech Advanced Reservoir Characterization.
The study indicates that on the Lindley A lease, the Clearfork contains 3,578,310 barrels
of recoverable oil per 640 acres. The San Angelo contains 5,158,000 barrels of
recoverable oil per 640 acres. The reservoirs calculate to $567,860,150. @ $65. oil for the
2 zones combined. Our 1680-acre Lindley Ranch is estimated to contain 13,565,540
barrels of recoverable oil equivalent or expressed as dollar value, $881,760,100. These
represent the Clearfork and San Angelo and have not considered other proven zones.