SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : NAMX -- North American Expl.-- Que Sera Sera!
NAMX 0.00010000.0%Nov 21 9:30 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Ngo, Elizabeth who wrote (1574)11/26/1997 11:08:00 AM
From: alchemy  Read Replies (2) of 4736
 
Hello Elizabeth and all: The future is getting brighter every day. I have learned unofficially that they anticipate a need for as many as 52 wells on this property.

If you consider that some of these will be double dippers, we have the potential for a much higher level of revenue than originally discussed. The confirmation will come with each new well as they learn more about the structure of the field.

If this proves to be true, the actual size of this field may well exceed 24Bcf. If this is the case, the gross revenues over a five year period could exceed $70mm.

Go NAMX!

marty
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext