Claren Energy Corp T.CEN

assume that they have around 150 mmbo recoverable

[naga00]

- let us say they net only $30.00/barrel- that result in a market cap of $4.5 billion while currently the market cap is around $800 million- i understand this reasoning is very simple, but sometime simple means 1000 words- they may have 200 mmbo recoverable very soon! I am loaded to the gills and currently have a loss because i have bought all the way up and now all the way down- started buying @ $5.40
the belief is that oil is going to $60-- when i hear this it reminds me of when oil was 140 and it was going to 200 or when it was 110 it was going to 150- so let us think it works the other way-- oil is 78 and now the say 60-- or how about when gold was 1950 it was going to 2500- little secret- it is now 1500
extreme after extreme and the soothe sayers are usually wrong-
I believe that coast is a homerun and game changer- i need it now because the market has been deadly and i need to recoup the net worth!
bought additional share @ 7.61- it was 11 only 2-3 week ago - stock should be 20 and i would assume that after this current release that upgrades are soon to be upgraded
we should get flow results from  06 soon or i guess we must wait until the tie them all in within 30 days according to release.

the kind of pay and releases from similar wells i believe that we will reach 22-25k boa/day by end of 2011 exit rate