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MaxYazger

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MaxYazger

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Friday, 11/01/2019 11:54:39 AM

Friday, November 01, 2019 11:54:39 AM

Post# of 3449
$PSWW- 20,000 acres of OIL & GAS IN PROLIFIC PERMIAN BASIN

Merger set to close 4 quarter as per BRYCE TOUSSAINT

With oil trading around $70 per barrel, only one of those wells could generate as much as $3.8 million per year in royalties .

Total value of property alone is estimated in excess of $400 mil.
Today, leasing the mineral rights in the Permian Basin can cost as much as $40,000 an acre.
Exxon Mobil recently bought a position of 1.8 million Permian acres at an implied per-acre price of $20,000.


https://backend.otcmarkets.com/otcapi/company/financial-report/232970/content
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