bakken formation - multi billion $ potential, page-12

Here r some figures for u.

SP: 0.025c,
Shares: 1169.55mil,
Mkt Cap: $29.23mil
Cash: $4.764m,
Debt: $14.1m,
EV: $38.57m

As per their recent qtrly cashflw, Q1 Explorn costs: $4m.

6 monthly revenue frm July-Dec '09: $2.2106 mil

Reserves (as per their Nov '09 preso):
Gas 2P: 12.8 bcfe, Oil 2P: 0.855 MMbbls,
Total NPV: $41.1 mil or 0.035c/sh

AS for the current well Gene-1, it should flow a bit better then Leonard-1. As per the latest mkt update, flow results could b out around week 3/4 in March.

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Interestingly, Terry Barr was on FOX Biz this arvo & is promoting the Australian Resources Conference in Denver next week. His wife Laurie Barr, is an Organiser.

Lets hope SSN & other junior explorers can get more investors pumping money into their developments.

http://www.australianresourcesconferenceusa.com/about.html