ps; i believe it is avery smart move looking at the re-entry well, not only oil is $100 a barrel but i think they realized they are running out of funds, re-entry wells would cost between $300,00 - $500,00.
i would say over the next two years bur could have 20 mil cf per day + oil.
lets say 20mil gas equivalent per day @ $10.00 = $200,000 per day
x 365days = $73mil, diluted heads and oppies = approx $1.84 per share.
mick
why i sold bur and mr steve you are welcome, page-9
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