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March 11, 2008
More Kodiak Energy News........ "Management's data and calculations suggest 20bcf of gas per
section as a baseline Muskwa resource estimate. " from
http://www.kodiakpetroleum.com/s/NewsReleases.asp?ReportID=290385&_Type=News-Releases&_
Title=KODIAK-ENERGY-INC.-Announces-Initial-Results-of-Testing-of-Muskwa-Formation
Now for those not used to figuring NGas 20 BCF i s 20 Billion cubic feet. NGas is selling close to $10
per mcf (1000 cubic feet). So 20 BCF times 3 sections is 60 BCF, or 60,000,000 mcf x $10 equals
$600 million dollars (US). If they can produce half of that it still comes to $300 million from that one
play, out of several.
SOURCE: Kodiak Energy, Inc.
mailto:kodiakenergy@Gmail.com http://www.kodiakpetroleum.com
More Ende News.......EnDevCoInc.com will be moving from the PenneyEnergyStocks to this page as a
result of their reverse stock split. After the split it now appears to have bottomed @$3.50 a share.
More Kodiak Energy News........ "Management's data and calculations suggest 20bcf of gas per
section as a baseline Muskwa resource estimate. " from
http://www.kodiakpetroleum.com/s/NewsReleases.asp?ReportID=290385&_Type=News-Releases&_
Title=KODIAK-ENERGY-INC.-Announces-Initial-Results-of-Testing-of-Muskwa-Formation
Now for those not used to figuring NGas 20 BCF i s 20 Billion cubic feet. NGas is selling close to $10
per mcf (1000 cubic feet). So 20 BCF times 3 sections is 60 BCF, or 60,000,000 mcf x $10 equals
$600 million dollars (US). If they can produce half of that it still comes to $300 million from that one
play, out of several.
SOURCE: Kodiak Energy, Inc.
mailto:kodiakenergy@Gmail.com http://www.kodiakpetroleum.com
More Ende News.......EnDevCoInc.com will be moving from the PenneyEnergyStocks to this page as a
result of their reverse stock split. After the split it now appears to have bottomed @$3.50 a share.
| March 13, 2008 This is a day in the History books. Natural Gas @$10 Silver @$20 Oil @$110, Gold for a first @$1000 |
| There are No Recommendations at This Time DD |