Phoenix Associates Land Syndicate (fka PBLSQ)

[pnew122]

PBLS & Oil
Yeah, we could hit, but maybe not. The question is how lucky will PBLS be, and how much will it cost them? Here is the response I got quite some time ago from Alan Chamberlain. If anyone whatched his presentation, you can't deny the guy is very educated in this field. So much so, he has convinced some people with very deep pockets to back him and his ideas. So @ what stage is he @? Well when he wrote back this reply, he had 10 wells under contract @ 15 million each, and still no strike.

So the reality is, this will be a long shot for the company to hit it big. More important, we better get a hole in the ground before winter or all bets are off for "any" Oil production.

http://users.adelphia.net/~newp/pblsmain/comments.doc