InvestorsHub Logo
icon url

lazyeye

02/18/09 2:35 PM

#44754 RE: Big Mur #44753

Yeah, maybe $2 if Ross Perot were running the company. But he's not. So once again, we have a pipedream that ain't never comin imo.
icon url

Badge714

02/18/09 2:53 PM

#44758 RE: Big Mur #44753

Why not use Hemi's last reserve report, not the inflated one.

The Geosystems report concluded 2.15 million proved BOE (Barrels or Equivalents)
and probable reserve of 3.1 million BOE (revised down from 5,100,000 BOE as quoted in the Techtonic
report) for Hemi's five leases in Woodson County, Kansas. The total potential reserves are 5.25 million
BOE (Oil and or Natural Gas) for this report.
icon url

Jagman

02/18/09 3:02 PM

#44760 RE: Big Mur #44753

Yeah, but removal of the oil from a reserve in sump pump quantities is somewhat of a drawback... Maybe 500 years from now it will be very valuable.... What's their biggest producing well.....2 barrels a day????