pryme for lots of oil and gas

Pryme has gone up again. I think people are starting to wake up on it. One thing I like about it is that it is already producing oil at LaSalle Parish Project, targeting 2 million net operating income (ie after expenses) at the end of 2006. Always good to have some cash flow for any company.

But what excites me is the Turner Bayou 3D Project (in Louisiana) where they have 52% interest, and they are looking for 150-180BCFs and the fields are on trend with major producing fields (e.g. Port Hudson 1TCF and Judge Digby 486BCF fields, Morganza Field 432 BCF and Moore SamsField 264BCF). Also their wave Exploration JV project targets for another 110 BCF

I suggest people have a read on the presentations in September. They even tell u potential value per share for successsul wells.

http://www.prymeoilandgas.com/presentations.htm

They should also read the September 2006 Quarterly Activity Reports.

For the people who love leverages, PYMO is the way to go (exercise at 40 cents), currently 26.5 cents. Think about it, the heads is at 62 cents, if the heads goes to 82 cents then PYMO would double in price!