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tonyohno

07/25/10 10:40 PM

#23412 RE: BeachBum #23402

unless you know the complete details of each well there is no telling. the wells could be dry in which case they get a 100% writeoff in the year of the investment(up to day 90 days of the next year). he is not making money on those wells, i would be surpised if they have even been drilled yet.