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Gold/Mining/Energy : ATPG Shareholders

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To: JebClampit who wrote (3025)	4/25/2013 11:06:23 AM
From: BuckeyeOil	2 Recommendations Read Replies (1) of 3620

Disagree respectfully....New wells are great...good pieces of infrastructure / platforms that take years to build...Revenue could hit $100 mil per month when new Clipper well comes on and Nat Gas prices up 100% from lows....At that revenue level company worth saving....Bond holders will take .30 on the dollar cash wiping $1 Billion of debt, ORRI and others will settle at half or less, some properties will then be able to be sold for few hundred million, people that give up cash like bondholders will get some additional equity and company will end up with 300 million shares vs 53 million now, and they will be worth a buck or two and co cash flowing..... OK OK im dreaming a little but it should be what is strived for as it is doable with the Clipper wells....THEN you still have potential to do something good in the North Sea with a JV.......

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