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Monday, 02/22/2016 5:50:00 PM

Monday, February 22, 2016 5:50:00 PM

Post# of 11992
Proof of an acquisition of wells by NERG:

This is what the Press Release said concerning these things:
"The Company also recently announced an agreement to acquire Emerald Operating and Rocky Mountain Exploration Wells, an operation representing 74 existing wells, and their underlying lease agreements. Additionally, Nutech will acquire Emerald's minority non-operator interest in 42 of Mountain Hawk Exploration's wells."

Would this website from CB Insights saying that Emerald Operating Company was acquired by NERG be considered proof for the 27 well acquisition or is this just a website that reports what NERG reported?

https://www.cbinsights.com/deal/emerald-operating-company-acquired

Is this other information below from Bloomberg showing the private transaction of Emerald Operating and Rocky Mountain Exploration give some validation to NERG's claims of acquiring the 74 wells from them?


http://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapid=8381614

The dates for acquiring Mountain Hawk also match up:

http://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=317340039

Also, would this from CB Insights confirm they were acquired? It doesn't say by what company they were acquired but gives a phone number for Rocky Mountain Exploration:

https://www.cbinsights.com/company/rocky-mountain-exploration

Here is that link again showing the production numbers for Emerald Operating from the Wyoming Oil and Gas Commission:

http://wogcc.state.wy.us/CoalbedProdop.cfm?nOpco=1437&fromwells=mapmenu