Replies to post #24 on Sow Good Inc (SOWG)

[blindman28]

Data thx to Roy, Market Value1 $25,429,395 a/o Nov 02, 2012
Shares Outstanding 47,979,990 a/o Aug 13, 2012
Float Not Available
Authorized Shares 100,000,000 a/o Aug 15, 2011

Black Ridge Reports Record Production Growth and Positive EBITDA for the Quarter Ending June 30, 2012

MINNETONKA, Minn., Aug 14, 2012 (GlobeNewswire via COMTEX) -- Black Ridge Oil & Gas, Inc. (formerly known as Ante5, Inc.) ANFC +8.16% today announced revenues of $1,380,524 from sales of crude oil and natural gas for the three months ended June 30, 2012 compared to revenues of $250,590 for the three months ended June 30, 2011, an increase of $1,129,934, or 451%. These revenues are due to the drilling and development of producing wells.

For the six months ended June 30, 2012, the Company reported revenues of $2,046,730, an increase of $1,699,200 or 489% over revenues of $347,530 reported during the six months ended June 30, 2011. As of June 30, 2012, the Company had 48 gross (1.83 net) producing wells, and an additional 11 gross (0.39 net) wells that were either preparing to drill, drilling, awaiting completion, or completing, compared to 11 gross (0.45 net) producing wells, and an additional 13 gross wells that were either preparing to drill, drilling, awaiting completion, or completing as of June 30, 2011.

Second Quarter 2012 Highlights




-- Quarterly revenue of $1,380,524.
-- For the six months ended June 30, 2012, production was 25,561 barrels of
oil equivalent (BOE), an increase of 21,701 BOE from the six months
ended June 30, 2011, representing a growth rate of 562%.
-- 97% of total production was from oil.
-- Positive Adjusted EBITDA of $537,771 in the quarter ended June 30, 2012,
an increase of $735,099 from Adjusted EBITDA of negative $197,328 in the
quarter ended June 30, 2011. For the six months ended June 30, 2012,
Adjusted EBITDA was $507,964, an increase of $859,183 from Adjusted
EBITDA of negative $351,219 in the six months ended June 30, 2011.
-- On April 4, 2012, the Company entered into a new Secured Revolving
Credit Agreement with Dougherty Funding LLC with availability of up to
$10,000,000.
-- As of June 30, 2012, the Company controlled approximately 11,213 net
mineral acres in the Bakken and Three Forks formations. In addition, the
Company owned working interests in 59 gross wells representing 2.23 net
wells that are preparing to drill, drilling, awaiting completion,
complete or producing.