8 - 10 cent range... and after the aggressive campaign in q1 2010.... lets try 20 - 50 cent range... keeping hitting targets boys... lets say we continue at a 70% success rate (low by 3d standards) for another 20 targets each targeting 500k oil... that would give us roughly...
.7 * 20 = 14 hit targets
with reserves of 14 * 500 K = 7M bbl
hrmmm not bad but ultra conservative and way to much blue sky DREAMING... lol
even so after the aggressive q 1 anything is possible even the largest find in the basin... fingers crossed...
ITC Price at posting:
5.3¢ Sentiment: LT Buy Disclosure: Held