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JohnnyRotten
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had a big run couple months ago but had delays in completing a pipeline.

News is they will complete it this month and start another drill by July 1.

This play has 4 new natural gas discoveries worth billions, Market cap 86 million.

Starting to run again off of lows.

http://biz.yahoo.com/iw/060410/0122181.html
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JohnnyRotten
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The pr's tell us one area has an estimated 700 million cu ft, at 7$/cuft that is 4.9 billion.

4.9 billion/current market cap of 90 million = 54

So it is valued at 1/54th of book if reserve is true.

This is one site, the other sites have not been released yet.

Will this be a 50 bagger? Maybe someday. They should have revenues flowing end of the month.
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JohnnyRotten
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I added it up wrong.

Todd Creek is a total of 20.75 sections with an estimated 2 bilion cf per section. They have a 20% interest in most of it.

This would come to about 55 million for this one prospect.

This one well could generate 4.9 million in revenue which would be a very good spring board.

They have 4 other prospects.
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JohnnyRotten
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Already up .05 this morning.

See if she keeps going.
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