Sure is and early next year you can double that! Lets ensure they get that second well on 330. Could be looking at $2M+ a year from 330 alone short term. (120Bbl x $50 x 365)...thats good income....money coming in is what we wan't to see + oil shows at 138/59.
Bring it on...let us know how AGM goes? By 2010 when everything is cruising along - we should be out of the credit crysis and things will be heading up to...oil i mean! and we'll have quite a few producing wells by then.
ERH Price at posting:
12.4¢ Sentiment: Hold Disclosure: Held
