eddies mission, page-3

Growler at 250 BOPD is 100 bopd net to ITC @$100 per bo

= $10000 per day
= $70000 per week
= $3.64 mil per annum

+ Miarge at 180 BOPD which is 72 BOPD net to ITC
= $2.628

Total Revenues now $6.28 mil revenues.

If they hit 300 BOPD as promised you can add another $730 K

Grand Total of about 7 mill per annum.

A little more drilling getting Growler field up to 750 BOPD then gets quite serious. $30000 per day = 10.95 mil.

I know its paper talk but not in the realms of possibility in the next 12 months. Remember Wirraway is already there and may be put into production at some stage as well.