V.EGG - Ebony Gold & Gas Message Board

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Gold/Mining/Energy : V.EGG - Ebony Gold & Gas

EGG 6.115

-2.0%

12:47 PM EST

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To: diddlysquatz who wrote (522)	4/26/1997 5:11:00 PM
From: Paul Kramer	of 1088

To Paul Andreola.......... You raised some good points. Since you're a numbers guy perhaps you could add another 75 bopd of oil or oil equivalents to the Ledbetter No. 3's production rate and discount the total by 50%, to be safe. Then factor in the assets such: a) A viable 49 mile gas pipeline plus related equiptment etc. b) A drilling rig and a workover rig c) Trucks and other related hardware d) 20 to 25,000 lease acres e) Jim Blair's new 586 computer which apparently runs like a SOB. Let us know when you're done. I don't believe that there are any restrictions on production rates in Tennessee. Best regards, Paul Kramer

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