hang on
They produced about 90000 mcf in 2007 thats about $600 K or $150 K per quarter / 22500mcf as per the quarterlies.
March quarter rev was $300 K and IF they didn't produce in Jan then they must have produced 45000mcf in two months...
right so if they doubled production in two months we can say PROBABLE BASE CASE (and i must stress BASE becasue well production is not linear and its likely that more wells were put into production)
Anyway base case then same growth (100% in two months)they would now be producing 90000mcf in two months. $600K in two months or 3.6 Million per yer!
And i would strongly suggest that the growth in more likely to be multiples higher than 100% in two months
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