RE: RE: Good land purchase I figureThis is the old news release
NEWS
Prairie Hunter Announces 500% Growth
February 20, 2010
Prairie Hunter Energy Corporation is pleased to announce year over year production growth of 500%. A highly successful fall and winter drilling program has resulted in a 2009 exit net production rate of 440 barrels per day, compared to the 2008 rate of 80 barrels per day.
Connection of wells drilled in late December will further increase Prairie Hunter’s net production. Prairie Hunter has a 50% working interest in the producing wells which have recently produced over 1000 barrels per day.
Numerous follow-up locations exist, and with continued strength in crude oil pricing, Prairie Hunter is well positioned for 2010. Prairie Hunter’s Board of Directors has approved the engagement of Genuity Capital Markets, to work with management in maximizing current and ongoing value.
Prairie Hunter is a private oil exploration firm located in Regina, Saskatchewan, with operations in SE Saskatchewan.
------------------------------------------------------------
So they exited with 440 and have additional oil. Its all good. There are so many positives on so many fronts with FNR that you cant ignor it and must have some in your account. All in my opinion.