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DOLPHY

01/05/11 7:29 PM

#17899 RE: moxy7 #17898

Moxy, how is the natural gas from these wells be handled? Will they flare it until they have pipelines in place to transport it?
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Walker

01/05/11 7:30 PM

#17900 RE: moxy7 #17898

3-4 wells per month - even better that is great news. I did forget about the natural gas - more money to the bottom line.

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buccaneer1961

01/05/11 7:34 PM

#17901 RE: moxy7 #17898

do you know how many acres the lease is?
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stervc

01/06/11 2:50 PM

#18340 RE: moxy7 #17898

moxy7, with that number of wells per month...

That would be absolutely huge. From my calculations, I figured that for each well that ZLUS brings online, it would add .03 per share to the share price of ZLUS.

Based on what happen with HyperDynamics Corporation graduating from the OTCBB to the AMEX/NYSE from 11 wells, that number might be very conservative in nature. When we get the "official" updates, we will be better able to gage where we should be fundamentally trading.

v/r
Sterling