MOGI - Montana Oil & Gas, Inc. Message Board

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Gold/Mining/Energy : MOGI - Montana Oil & Gas, Inc.

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From: doubloon	2/2/2005 12:34:44 PM
	of 14

Sylvan Lake technical data. Geologist's report Sylvan lake has a probable reserve of 300,000 barrels of oil and 1 Billion cubic feet of gas Montana oil and gas is drilling their first of 6 wells this week a 7,200 foot well should take about 14 days to drill Probability of hitting their target has now been put at 85% Estimated production from one well 150 barrels of oil per day 750,000 cubic feet of gas per day Using $45/barrel and $6.46 per unit of gas each well will deliver 150x45=6,750.00 750x6.46=4,850 TOTAL REVENUES PER DAY $11,595.00 for one well!!! Can you see why I have been pounding the table on this one 1.9 million public float

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