Replies to post #3786 on Phoenix Associates Land Syndicate (fka PBLSQ)

[kelly leak]

PowerPole..

I agree that yesterdays PR was outstanding, but I don't think that enough credit has been given to the stock for the KY oil production.

Rome Oil & Gas currently has 18 producing wells in Kentucky averaging 26 barrels per day each, or approximately 14,000 barrels per month in total.

14,000 times $50/barrel oil is $700,000 per month in revenues from that part of the company alone. Ron told me that PBLS has a %80 working interest in the KY field. So over half a million per month to the company..nice cash flow IMO. Throw in the sand and gravel, trucking, construction side and now Progas..man..they are going to post some big big revenue numbers.