Diversified Oil and Gas Holdings (DVFI)

[rdavis]

OT. Imperial, I used to work for a landman in Midland, Tx. He used to tell me stories about trying to get leases and dealing with land owners. Once, he sent me out to do a mineral takeoff in Ward County. I had never done one so the morning I was to head out he explained the 5 mineral rights to me and told me to be sure and keep track of each one, lol. As I walked out the door he said, "by the way, be sure and to see if any of the leases are HBP. Missing an HBP interest is the quickest way to get fired as a landman." I did the takeoff and found some problems. He got agravated with me because it was taking so long but I finally convinced him they were serious problems. He arranged for us to visit an attorney that had an abstract for the parcel I did the takeoff on. We got to the attorney's office and he pointed to the abstract on his desk and said, "I have to go to the restroom and may not be back for awhile." As soon as he left we grabbed it and turned to area that I had a problem with and it turns out the attorneys had the same problem. I was vindicated. I really enjoyed that work and sometimes wished I had pursued it more.