Replies to post #1713 on Rolling Thunder Exploration Ltd (fka RTHXF)

[Jack Weaks]

One reason for pumping oil first...

Gas wells start paying the government a 35% tax from the first day they pump.

Oil wells have the added benefit that they are exempt from this tax on the first 15,000 barrels (if I have figured this correctly that would amount to $262,500 at $50 per barrel price, per well).

This makes for oil being the desired product to a cash short startup company as it gives them a chance to recover some of their resources/cash on the front end.

[kanzler]

I think that new drilling successes would be nice to have (and that they will happen), but are not even necessary to justify a market cap much higher (at least twice) than now.

Development of the existing reservoirs alone (Gordondale 4 additional wells, Teepee Creek 5 - 10 additional wells) can boost production into the range 3000 to 4000 boe/d without an exploration risk.