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Gold/Mining/Energy : ATPG Shareholders -- Ignore unavailable to you. Want to Upgrade?

To: BuckeyeOil who wrote (3051)	4/26/2013 10:54:22 PM
From: Po Pimp	2 Recommendations Read Replies (1) \| Respond to of 3620

Well rats, I stand corrected. I forgot that one well was more liquids weighted and the other was gassier. So, let's go back and see what this next well is supposed to do, shall we? Based on their previous well test, the well could produce 46MMcfd and 4,700 bpd. You conveniently overlooked my previous over-estimate on oil production. For shame. Plug and chug with $95 for oil and $4.50 for gas, the new revenue estimate for the second well drops to $20 mln compared to previous estimate of $24 mln. Things are not going in the right direction for you Mr. Loomis.