Substantially Undervalued, O&G Situation in play, page-24

Hi Matt,

The big problem is the lack of public info & lack of shareholder info. I don't think I know of any other small O&G company that doesn't disclose its actual lease position over a project or show the layout of the structure as they see it.

I actually like the Polk county prospect, now that I finally understand (roughly understand that is) what they've seen there, but its taken some figuring out even with the help of a geologist friend of mine to get to this point.

PANR can get production quickly if the well's successful & there operating costs are going to be very low, by all accounts. Partially because these plays are over pressurised and should have good flow rates and high recoveries per well.

PS definitely worth you watching that TV interview of PANR

LOTM