Posted On: 08/27/2013 10:50:06 PM
Post# of 44946
Re: Pecanzington #91
EGOH MUST READ~~>> Pennsylvania Produces 2.5-4 Million Barrels of Oil Per Year....Thats $263,000,000-$420,000,000 in Oil Production Annually at $105.00/Barrel. Seems to be Oil in them Veins, enough for everyone....
Even if EGOH produced 10-20 Barrels a day at current price $105.00, we would have $1050-$2100/Day * 30 Days = $31,500-$63,000/ Mth*3 Mths = $94,500-$189,000 Quarterly
So Annually approximately $500,000-$1,000,000 on a Low End Production Rate.
Double, Triple or Even Quadruple it and EGOH is a Money Maker...
ALL IN MY OPINION.
Even if EGOH produced 10-20 Barrels a day at current price $105.00, we would have $1050-$2100/Day * 30 Days = $31,500-$63,000/ Mth*3 Mths = $94,500-$189,000 Quarterly
So Annually approximately $500,000-$1,000,000 on a Low End Production Rate.
Double, Triple or Even Quadruple it and EGOH is a Money Maker...
ALL IN MY OPINION.
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