Website update, news and photo's, also they have four producers, four reperfs and eight new wells producing for a total of SIXTEEN wells producing, two more already drilled, one is about to be plugged, plus two other wells API # 730807 and 731235 (had july inspections) for a total of TWENTY. This covers them for 2012. Should they choose to drill just five more and they get the $7,000,000 early.
If each well produces 300 mcf/d times 20 = 6 Mmcf/d, should trade @ $1.00 x 75% discount dry gas = 0.25 cents per/share.
At 460 mcf/d x 20 = 9.2 Mmcf/d,( this is under the new compressor capacity of 10 Mmcf/d ) should trade @ $1.55 x 75% discount dry gas = 0.40 cents per/share.
Check it out, things are not that bad. Good time to buy.