Replies to post #23721 on Eldorado Exploration Inc (fka EDEP)

[kingman]

give it time , pipeline company will lay 25 miles of pipe to mesa if we have enough production. I think we need 10 wells or so . That may be wrong but it rings a bell. So we need about 4-5 million to do that at 350k per well assuming we drill around 3000 ft if I remember. So we need wells to get a pipeline and we need money to drill but its tough to sell because we dont have a pipeline. Catch22 . Its going to be awhile o get 10 wells dug.Gas prices are up so you never know. If they go up where they should be 10-12$ instead of 8 we may have a shot.