Ann: Drilling and Production Update , page-6

Just re-reading this report.

B2 has produced sales of 40,000 = call it $100 a barrel less $30 for production costs which is conservative. That makes it sales of $2.8 million.

That translates to $560,000 in cash sales to OGY... The ann also says in excess of 40,000 barrels so it's likely to be more than that figure.

B3 is about to come online at 500 bopd. Using the above conservative formula that should lead to $35k production sales per week to OGY or $140k per month.

This little cash cow just keeps getting richer.

It must be getting close to a point where it will be cheaper for SXY to take over OGY.... Seems odd to continue with a 20% partner on plays that are proven and producing.... Happy holding this one as pay day will come IMHO.

DYOR.