InvestorsHub Logo
icon url

OptionMonster

05/29/08 1:43 PM

#810 RE: radar72 #809

Simple math..We know the average for this next quarter will be better than this...

DeStefano also stated, “The average price for oil in the first-quarter of 2008 increased 73% to $96.67 per barrel from $55.62 in the first-quarter of 2007, and we are benefiting directly from the increases in commodity prices.” “We are very pleased with our continued reserve growth and our plans to add to our reserves in 2008 as we continue our drilling program in McMullen County, Texas, with three new wells scheduled to be drilled by the end of June.” About New Century Energy Corp.