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maybe_this_time

Re: WildcatDriller post# 16257

Thursday, 01/29/2015 5:02:27 PM

Thursday, January 29, 2015 5:02:27 PM

Post# of 17809
Hi Wildcat,

To ask a really stupid question, How are they securing the Sections, land lease holdings? Doesn't this cost coin? With 7% participation for free per well, how many wells per section do they need to pay for the costs? Any wells above that is pure gravy...

Yup Superior has a nice little gimmick going, well smart angle. Get the land, let smaller investors carry the cost, collect some nice gravy... Imagine that model can be replicated someday, but sounds like SIOR has a nice foot in the door. Of course you need to know what your doing the get the good sections...

JMHO and probably way off base...
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