NUN GEHT DIE AKTIE BALD IN DIE HÖHE !!!!!!!
WERDE NOCH SCHNELL WELCHE DAZU KAUFEN SOLANGE DER KURS NOCH SO TIEF IST UND DIE IN AMERIKA WACH WERDEN !!
Buck Snag, Cloverlly and beyond:
1 BCFG = about $2,750,000.00 (42.5%) to MXXR in revenues over the life of the well.
This is not too bad, at least we now have revenues and they have confirmed this.
Cloverlly:
The PUD (Proven Undeveloped) Oil is between 250,000 to 500,000 barrels of oil.
That is $15,000,000.00 to $30,000,000.00 of which MXXR gets 5% or $750,000.00 to $1,500,000.00
Prospective size of 10 to 11 million barrels of oil at the 14,500 foot level.
This equals $600,000,000.00 to $660,000,000.00 in Oil, MXXR gets 5% or $30,000,000.00 to $33,000,000.00
5 BCFG (billion cubic feet of gas) valued at nearly $35 million.
And MXXR gets 5% or $1,750,000.00
So it is possible that MXXR can increase revenue short term to:
PUD = middle price = $1,000,000.00 Cloverlly oil = $30,000,000.00 Cloverlly Gas = $1,750,000.00
So just from these we have posible revs of $32,750,000.00.
Or a book value of about $0.15 a share, industry mutilple is 3.5 for a possible PPS of $0.525 a share.
This does not include the recent Buck Snag drilling and if the other two wells there are in the process of being drilled.
If they are and both come on board with the same flows, that adds about $10,000.00 a week in revenues, or $780,000.00 a year for all three.
If they fix the first well, it was to do about 320 mcfd,which is a little higher then the one we just hit.
So lets us hope that before they find ways to spend more money that they develop what we have!
Well do your own DD and remember that this is JMHO and is open to some debate, if anyone has better or more acurate figures please share them with us here.
GOD LUCK EUCH ALLEN !!!!!!
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