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AGORACOM Wire - Wednesday February 15th, 2012

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Lomiko (LMR: TSX-V) to Complete 43-101 Report on Previous Drilling at the Quatre Milles Graphite Property *CLIENT* Read More

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McLaren Resources (CNSX:MCL) Drills 7.0 Grams Gold Over 7.4 Metres at the TimGinn Property Located Adjacent to the Hollinger Mine *CLIENT* Read More | Watch Beyond the Press Release

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Message: gas reserves increase 638%, oil reserves to 78.698 barrels!!!!!

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gas reserves increase 638%, oil reserves to 78.698 barrels!!!!!

posted on Jan 07, 08 02:08AM

In the 12 months ending October 31, 2007, the Company increased its gas reserves by 638%. It increased its net oil reserves to 78,698 barrels compared to none one year earlier. Future net income after expenses and royalty tax increased by 3,467%. The present value of future net income, discounted by 10%, increased by 3,443%.

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