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Gold/Mining/Energy : Canadian Oil & Gas Companies

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To: Cal Gary who wrote (18386)11/30/2011 12:35:22 PM
From: Cal Gary  Read Replies (1) of 24920
 
oops my bad:

Not $128mm but $140-$150mm capex in 2012

Rich Portfolio of Opportunities
 Over 640,000 gross acres on 8 blocks
 Capital Budget of $140 to $150 Million for 2012
 16 to 19 well exploration program in 2012 funded by cash flow
 Risk potential of ~60 mmbbls (net) in future 2P recoverable reserves(1)
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