Here are the main points to give Reese. If you cover these in a casual conversation, and get a meeting set
for next week, that would be great.
We are developing an oil and gas field that covers about 5000 acres.
Over the next 5 to 7 years, we will drill 100 to 125 wells.
A blanket shallow gas formation covers our acreage, and its production
easily returns all the capital invested on the project.
Deeper oil and gas reserves have the potential to generate over
a billion dollars in production revenue.
Immediate development within the medium depth wells starting in 30 to
45 days have a net revenue projection of over 150 million dollars.
Capital raise of $10 million over 80% complete.
Return of all capital invested expected within 36 months. Returns on capital
are expected to last over 30 years.