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Re: TheHungryHippo post# 42632

Saturday, 08/16/2014 2:56:34 AM

Saturday, August 16, 2014 2:56:34 AM

Post# of 133793
He played us Hippo
Your not the only one
He was very careful about calculating his information so as not to look like he was leading people on.
I fell for it to.
He is playing safe harbor, but I believe He really screwed himself this time.
I believe He engaged outside entities to hold us in over the term and bleed us out.
I am saying He flat out knew from the get go that the signify deal was not even possible, but the intent without any substance would allow him to make the speculation fly for a few months plus, while He cashed in on the speculation and used false posters to hype that speculation.
I know a lot about oil & gas fields, their value and when they are overdone.
Why????
Because I am what is called a petroleum Land Man.
I saw the signs and like an idiot followed FLEX.
Yes I was looking for the quick buck, Guilty.
Does not change the crime.
Lost thousands
Hung for 3 months plus.
Saw the signs like You and got drunk on the dream.
At the end of the day Signify never needed UNGS as they are a real company.
They could go US on their own, they don't need UNGS.
Right of Ways and Marginal gas wells, Especially shut in Wells with no production are worth very little.
Same with Marginal Oil Wells as they generally cost more to produce than they payout or just break even.
There is countless prospects in the oil & gas industry that are put together, sold off and are bust from day one.
Won't even pay off in 20 to 25 years if they keep producing.
Right of Ways in general have no value unless they connect to producing wells, are maintained and most likely have a yearly fee due, but not always in a case where they screwed a surface owner into a one time fee for access.
See the surface owner does not always also have the mineral interest which means they only get money from the access and nothing from the production of the well.
Mineral interest can be reserved away from the surface in a lot of states by reserving through a deed at time of sale of the surface. Happens all the time, and it is what is called a severed mineral owner.
I saw the signs, Anderson has the history, and We were coaxed along on the BS because We are honest people that still have faith that most people are honest.
Not so anymore
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