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Aster Acquisition Corp C.ATR


Primary Symbol: V.ATR.P

Aster Acquisition Corp. is a Canada-based capital pool company (CPC). The Company’s principal business is the identification and evaluation of assets, properties or businesses with a view to acquire or participate therein subject, in certain cases, to shareholder approval and acceptance by the TSX-V. The Company plans to search for suitable assets or businesses to acquire or merge with in order to maximize value for shareholders. The Company has no operations and revenues.


TSXV:ATR.P - Post by User

Post by johndoe1on Sep 09, 2004 10:11am
149 Views
Post# 7899701

runrate

runrateThey are expecting oil at 30-35bbls/day with the 2 wells with the possiblity of 1 or 2 more wells coming on. With the water disposal, they can do up to 600m3/ day of 3rd party disposal for revenue of up to about $6000.00/day. The extreme upside could be $200,000 to $250,000 a month in revenue with the oil. A more realistic number initially would be about $100,000 / month. These are 100% figures with Anterra only holding 25%, but Anterra will be purchasing 50% more in November from Suffield Resources.
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