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ucantfoolmee

10/27/09 4:17 PM

#24681 RE: braden #24680

So far just the 22.5 that I know of. Our PPS should not be this low and I am not sure what to make of it. As always I hope they put out some news this week or we will be much lower than what it is now.
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fsmith1952

10/27/09 4:21 PM

#24682 RE: braden #24680

Correct me if I'm wrong... but the 22 million is NOT revenues... it's a formulated value of the O/G wells. We have yet to see what kind of annual income the wells will produce. I'm guessing maybe a couple of million a year in a good oil/gas market. I never thought I'd WANT the price of oil and gas to go up... but, at this point I might not mind so much.