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Replies to #1958 on Research Pit

Mr. Zen

09/28/05 7:46 PM

#1960 RE: Jagman #1958

Jagman.. Tandem is producing 1,000 barrels of oil per day
from the 8/2 pr
"The Company has also reported its estimated current net daily production and its third quarter estimate of production volumes. Current net daily production is approximately 615 barrels per day of oil and 2,500 Mcf per day of natural gas. This would approximate 1,032 barrels of oil equivalent (BOE's) each day.

at $58 per barrel thats $21,847,440 revenues for the year with a 2 million float and a 22.5 million authorized

What tandem needs is a 10q filed, then serious investors will see the potential..

beigledog

09/29/05 8:14 AM

#1965 RE: Jagman #1958

Based on what ASPN is trading at, TDYH's current value is $10.11. That's based on the same price to sales ratios, 1,000 barrels per day at $50, and a much larger OS for TDYH.

That's pretty nice!