If by ridiculous gains, you really mean epic losses for long term shareholders, I am in complete agreement. I will say however, that Peter is quite skilled as an IRP. His companies have great story lines. Would not be surprised to find out that he is more involved in the running of XNRG than we think. I keep expecting to see Clayton Smith's name pop up here in some king of deal for leases.
Come to think of it didn't TNOG only have one well also, that they milked for tons of shares. The story lines of so many of Peter's companies are so similar. One tiny well, that they photograph the crap out of, and speculation on lease deals elsewhere that help keep the share selling machines going.
What or who does XNRG, DKGR, TNOG, SBRH, and GSRE, all have in common???
My posts are not meant as investment advice. Always check company filings and do you own Due Diligence