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Re: FM II post# 3909

Friday, 05/06/2016 4:07:33 PM

Friday, May 06, 2016 4:07:33 PM

Post# of 4188
Not being familiar with any of the operating agreements or sales pitches, one may never know if Breitling was carried thru or to the tanks. I'm curious to how SHs would benefit if Crude or Patriot were involved with the 25% override. The other question is if the lease was paid up or another farmout. I'm sure the answers are to be found in the filings, somewhere---assuming reliability
I would assume the 25% override would immediately generate cash flow for one of the Breitling entities, again assuming the well is producing
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