Replies to post #683 on Tandem Energy Holdings (fka TDYH)

[Mr. Zen]

mikeo56.. the production of 1,000 barrels a day at say $60 equates to $60,000 per day or $21.9 million per year, now divide that by the entire float (restricted and public) of 22.3 million and you get a yearly revenue of about .90$...(if they never drill another well) now multiply that by the 30 year life span of the existing oil wells ...
good luck wacking the bid on this one..

[Jagman]

Mike, I'll be a sonofagun!!! $2.45 X 2.75, and you got your fill at $2.35??????? LOL!!!