Replies to post #3516 on Value Microcaps Junior Energy

[CrocHntr]

Exceed Energy EX-A.v - Looks very interesting. Nice find! It sounds like they have 2 additional wells that are awaiting tie-in in the coming weeks. Any idea what kind of additional production they will add?

I'll have to do some digging. I'm interested to know if they have other plans for further drilling around the Lodgepole well and what size the pool of gas is.

It certainly looks interesting at .11 - .12 share. I picked up a few.

[littlejohn]

BW, is there anyway to compare company market caps based on the current valuation of oil and gas leaseholdings per acre only?...

Trying to put ALRY.pk in perspective if possible...

4740 acres of oil and gas leases held...

latest share count that I saw was...

116,563,419 o/s X .039 (price)= $4,545,973 (market cap)

4,545,973 (mc) / 4740 (acres) = $959 per acre

About $959 per acre valuation on an oil and gas lease holdings basis...

With no consideration for anything else such as the cash on hand, well service company owned or current revenue from producing oil and gas wells...

Thanks when you have the time to respond...LJ