sweepstake, page-21

hey davo,
there is a reason why CUE's M cap is 7 times that of ELK...
CUE have 2P proven gas assets worh 1.5 billion dollars at 5 bucks a MCF...(300 BCF- 2P)...
I stress the word 'proven'...
at some stage later in 2009 CUE will produce more oil in one week (oil and oil equilivant) than ELK does in 3 months...... ELK is what 16,000-17,000 barrels per quarter right
.... a full 2009, some high risk (two free carried wildcats) and some very low risk drilling...(appraisal drilling, development)... and two projects going into production...
I would suggest you not even try to compare ELK to CUE...
and lets just leave the elk thread to elk...
thank you...