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Re: PD4107 post# 5143

Tuesday, 10/30/2018 7:38:07 AM

Tuesday, October 30, 2018 7:38:07 AM

Post# of 6243
3 new SEC filings to shareholders. Most important is recent convert note sale seeing all funds re-invested into new Permian Assets drilling !


The Company intends to apply the funds raised from the sale of the Convertible Note to (i) fund the drilling of four initial wells on its new assets acquired on August 31, 2018 located in the San Andres play in the Permian Basin situated in eastern New Mexico as announced by the Company in its Current Report on Form 8-K filed with the Securities and Exchange Commission (the “SEC”) on September 4, 2018, (ii) fund its participation in several new non-operated wells in its D-J Basin asset located in Weld County, Colorado, and (iii) for general working capital purposes.
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