Replies to post #28329 on American Green Group, Inc. (AMNE)

[greyghost]

from what i have read it takes 750,000 grand to drill an average well/have heard up to 2/2.5 million. i thought i read in the okie paper work where regions said the average well cost for them was 100 to 250 grand. please correct me if i'm wrong. if i'm correct, that is damn cheap,is it so cheap because they are reworking older wells or because they are drilling so shallow[as stated in the okie paperwork? i don't know. however if these come to fruitation this stock is going to be explosive. just my ideas/thinking

[AVXN 1]

greyghost, sounds like you have a pretty good handle on how this works, thanks for the post