Ann: Wailawi Oil and Gas Project Legal Binding Ag, page-27

re: Ann: Wailawi Oil and Gas Project Legal Bi... Gee Invest4it

Hope you didnt misunderstand my motives in asking if the company had any data on flow rates for the wells
Just like to be careful invest4it, have been burnt.

There is a class of buisness mentality from that neck of teh woods that has little regard for ethics, met one or two of them, very nasty.......and I tend to be a lot more careful nowdays

invest4it,ou published this comment .
“………….It is important to note that AEM has the potential to go from a explorer to a producer in the matter of a few months and that they essential little capital costs ($5M) in getting the wells operational along with everything else. ……….”
Would you not want to be putting a work over rig in these wells (they are over 40 years old) put new casings down and perforate?
I would put the cost for each well at about 3.5-5 million.
Is it three (3) or four (4) wells?
That brings us to a capital cost of somewhere around 14-20 million does it not?