re: Ann: Gas Production Reaches 600,000 Cubic... We have seen these sorts of announcements before.
Show me the money/gas.
Unfortunately we will have to wait until August 2011 until we have financial proof that revenue is actually arriving into their account.
Maybe we will get a glimpse of production by June 2011, If Marion become compliant and fill out their production records on time.
Until I see official proof, I would not be making investment decisions on past announcements or performance.
ASD 3-16 still isn't approved as a water disposal well.
So where is the water going and at what cost.
600mcf /day.... Big Deal.
My Local Deli has gross sales much larger than that a day, and its profitable. Give them $150K Plus stock and they are out of there...
And you can buy that for
re: Ann: Gas Production Reaches 600,000 Cubic... We have seen...
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