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CSJJ Expanding into the Oil Business
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[QUOTE]Originally posted by eddy: [QB] the most important part of the press- This well will be drilled into the Salem Limestone at a depth of 3350 feet and will be 3/8th of a mile southeast of a well which produced 650 barrels of oil per day (BOPD) from the Salem Limestone. now if they were to hit oil, let's just say 1/6 as much oil per day as the 650 BOPD in the press, this could go into the pennies- say 100 BOPD at 60.00 per barrel would be 6,000 per day-and 75% would equal 4,500 per day to CSJJ-now if it was to be 500 BOPD that would mean so much money to this stock, no telling how high it might run-at .0004 it is worth my chance to maybe be one of the biggest sub's ever-jmo [/QB][/QUOTE]
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