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Strategies & Market Trends : Bosco & Crossy's stock picks,talk area

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To: allevett who wrote (33939)	1/21/2009 10:01:32 AM
From: Crossy	1 Recommendation Read Replies (1) of 37387

re: END (Endeavour Intl.) Al, looks like the succesful Rochelle Apraisal well just gave END yet another 5MMBOE ... NET ... P2 reserves (info gleaned from the new Presentation at the Pareto Conference in London) - we should be around 35MMBOE P2 reserve wise at the moment. Maybe even higher, since Endeavour has drilled 11 successes in 2008. And for the icing on the cake - they got into a domestic US natgas play (I assume via a lowcost farm-in´into a Texas Wilcox/Lower Wilcox development opportunity). The right thing to utilize the big US' NOLs still on their books ! all the best CROSSY

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