Who the hell keeps selling this.Has anyone done the numbers on...

Who the hell keeps selling this.

Has anyone done the numbers on what the 308bopd means for this company.

Dont even mention the $220 million worth of drilling about to kick off!

I dare someone else to work it out.

The 308bopd comes from 5 frac zones!!!

and that was an average of the first 30 days, not the first flush production.

How many will go into a full on development well?

UP TO 30.

In the eagledford they are now testing a drilling density of 40 acres per well, we have 15000 acres net!!!!

How many wells do we potentually have?

We have someone else to provide the first $220 million of drilling!!!

Whats the likely NPV on a well, many canadian oil companies have disclosed them if you look!

Our MC is only $20 million, it could 5 bag from here and still be outlandishly cheap.

DRILLING WILL START WITHIN THE NEXT FEW MONTHS.

There will be at least one well every month after that! Thats what the contract says!

Enough of the rant, feel like a monkey in a cage sometimes!