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tedwitt

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tedwitt

Re: chilar4567 post# 13604

Wednesday, 03/29/2006 9:26:10 PM

Wednesday, March 29, 2006 9:26:10 PM

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I have to clarify things. I was wrong earlier when I said they have a rig. What they have is potentially better. The three companies they want to acquire are service companies that do not own a rig but have the connections to get a rig on short notice. I now think that there are two acquisitions left. 1) A single or two rig deal to go with the service companies. 2) An unconventional oil lease in Texas of a sizeable reserve status but only economical at $30 per barrel. I think today’s news was great.

“I got a great deal on some French WW2 army surplus guns. Never used and only dropped once...”

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