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BRS Resources Ltd. V.BRS.H

Energy
BRS Resources Ltd is an upstream oil and gas exploration and production company. It is engaged in production, exploration, and acquisition of petroleum and natural gas properties in Italy. The company along with its operational partner has drilled three explorations well in the Po Valley. Each of these prospects is in close proximity to and on trend with several nearby producing natural gas fields, including the Sabbioncello, Tresigallo, and Cotignola fields.


TSXV:BRS.H - Post by User

BRS Resources Ltd.
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Comment by RGS1on Mar 18, 2004 10:08am
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Post# 7228860

cash flow

cash flow$10,000 per hole would relate to thier working interest. This is a great way to build a company ! Easy math.. $10,000 x 6 x 12 = $720,000us per year, now add the Karl deal.. 170 bpd @ $25us (even though it is higher)x 365 days = $1,5 mil us. Put the two together and you have $2,2 mil us in cash coming through this company when the stock is only $.40 cdn. It would be VERY easy to see much more cash flow than this by adding 9 more holes in Lasley just to start. How many companies do you know that are making this kind of money trading at $.40cdn. Do not forget that Bryce Karl is from the patch, so these numbers are just a beggining !!! LONG BRS.... check out their new website !!
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Dealroom for high-potential pre-IPO opportunities