Replies to post #22124 on Universal Energy Corp (UVSE)

[assassin17]

here's the math for my Q1 2009 projections (assuming they get Lake Campo back up and running) (NRI = net revenue interest):

Amberjack:
- Oil = (65 bbls/day * $50/bbl * 90 days) * .0405 NRI = $11846.25
- Nat. Gas = (2000 mcf/day * $6.00/mcf * 90 days) * .0405 NRI = $43740

Lake Campo:
- Nat. Gas = (2050 mcf/day * $6.00/mcf * 90 days) * .0675 NRI = $74722.50

Caviar #1:
- Nat. Gas = (4000 mcf/day * $6.00/mcf * 90 days) * .0540 NRI = $116640

Caviar #4 (same as #1):
- Nat. Gas = (4000 mcf/day * $6.00/mcf * 90 days) * .0540 NRI = $116640

Total quarterly revenue = $363588.75

--------

the production numbers are based on press releases and the Q1 2008 conference call (which unlike Q2, is on their website), and i am estimating a little (e.g. for Lake Campo, the call said "slightly over 2 mmcf a day").