the next 3 months., page-3

Quiet thread .

Amazing really considering the feb monthly drilling and operations update .

"next 3-6 months ..........9.8 million cubic feet per day (net total due for MAE) ...... progressively brought into full production"
That is 3.57 Billion Cubic Feet per year, just from the new wells brought into production n the near term .
At the current (12/03/2007) Nymex Natural Gas price of around US $7 per thousand cf that is US $24,990,000 per year very soon .
Approx 10 cents per share earnings coming in 3-6 months .

Also, presently there are 8 new wells in various stages of drill activity .

Option exercise will be history and MAE will be cashed for expansion and general activity .