arrowhead broker report 48c conservative tgt, page-6

I think you'd probably see about 3mil dis ... july august sept brought in about 1.5mil on averages of oil flow given earlier in the month .. and oct is set to bring in 1.5mil also...last report it was 7.2M as of july (correct me if im wrong) plus the revenue from sales for the last few months.
Don't think they've spent close to 10m this quater so should be sweet. i estimate about 7M spent

I actually wouldn't mind a decent cap raise around 20-22c to increase acreage and production as a few of the wells in the cooper district have failed in the past so im sort of partially writing that holding off. in saying that there was a bit of success from apache and range in that area though so i dont know, we might of just been unlucky =\.

Colby is the big lease i feel since Apache have recently increased holdings in Kansas to 580000 acres, they also hold 100%WI (correct me if im wrong,dont have my reasearch in front of me).

Its cheap acreage that still shows signs of mississippi lime So return on investment is good as long as they strike oil!.

More Kansas Acreage i say!