I repeat do any of your really understand how much money this really is for a small micro-cap oil and gas company! There are so many O&G's that have great acreage but no MONEY! SEA or SDCJF will be a new and a much more exciting O&G that we have had during the past 2 years. who cares about some half-ass property in Okla. This company will BUY a NEW Image! Maybe they will buy a rig and develop some of their Bakken acreage! Maybe they will merge with a cash poor but rich asset company - the possible outcomes are enormous. This company will have $141 million after debt is paid off, a $100,000,000.00 credit line, growing production and some .50 in cash/sh when the stock is around .70--The real risk is not owning SEA or SDCJF
SEA Price at posting:
69.0¢ Sentiment: ST Buy Disclosure: Held