re: Ann: Armstrong Oil Prospect Acquired Miss... well this is good,
141k barrels recoverable is worth at say $70 a barrel, just under $10 mill, 50% of that is $5 mill,
of cof course costs come out of that but it is a good project, with additional wells as an option.
Spud date in 2 or 3 weeks,
With PEL 105 which with reserves there of 20 mill barrels coming up very soon as well.
Ann: Armstrong Oil Prospect Acquired Mississippi , page-2
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