Ann: Stonehorse Increases Oil and Gas Investment in Canada, page-6

This is a veryinteresting development.

Especially if the proposed well Taqa 1-27-33 is anything like well 16-07-034

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It is interesting if one does calculation of ‘Taqa Well16-07-34’ revenue production.

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I used https://certusoil.com/index.php/news/ press release that made mention of how much revenue was generated from a so many BOE to estimate revenue per BOE ( liqued rich gas Alberta region)

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This was in agreement of 5% to those spelt out https://ycharts.com/indicators/boe_natural_gas_price.

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Using that was able to extrapolate revenue for the Taqa Well 16-07-34’ well.

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Will Taqa Well 1-27-33 be anything like Taqa Well 16-07-34. ??

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Guess David has been busy over the last few months doing some due diligence on these Alberta investments.