re: flow rates Hi allCan I enter this fray?xanadu242 the...

re: flow rates Hi all

Can I enter this fray?

xanadu242 the Quarterly on June 30 clearly says: "As ALL 10 wells come on line, production is expected to be in excess of 1000 mcf per day"

That clearly says the total for all 10 wells combined!

Not withstanding that IMP has the potential to be a solid earner. Based on the drilling so far, they will drill 30 wells in a 12 month period (Mar 06-Mar 07) Some figures:

30 wells
3000 mcf per day
IMP's 60% income = $5,126,400.00 per annum
Ave/w S/Price = .02 cents
Earnings per share = $0.0037
P/E = 5.36

This is not skyrocket stuff, but is solid earnings after the drill expenses are coverd ... Based on that I see the SP being between 4 - 5 cents by March next year

cheers