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rongarden

06/03/10 1:39 AM

#13088 RE: alaskacobalt #13083

$100,000 to $150,000 to drill each well to Total Depth, 150 plus producing wells. Do the Math! That's just the shallow Caddo stuff.


Concorde Dome alone feels like a $38-45 million dollar current and future harvest for OMDA.

Plus, plus, plus.

.20 after a full blown audit is probably true book value.