Biloxi Marshlands Corporation (BLMC)

[tuscadeep]

Continuing questions from my most recent post,
BMLTEN, how did you come up with your author name? Do you have a financial/ownership interest, either directly or indirectly, in the BML? Are you affiliated with anyone that does?

Assuming extensive hydrocarbons on BLMC land, what valuation do you place on BLMC’s possession of extensive 3-D seismics on BLMC land, seismic data from BLMC’s sister company, Lake Eugenie as well as 3-D seismic data, as well as seismic data extending one mile in every direction from that land?
What valuation do you place on the extensive pipeline infrastructure on BLMC land?

I hadn’t placed a valuation on these assets since, when I did my valuation analysis, I took the extremely conservative approach of assuming no hydrocarbons on BLMC land.

In your valuation analysis, how did you determine a base lease rate of $265/acre? Are you basing this on prior TMR bonus payments to BLMC?

How does your lease valuation rate change for land on which BLMC’s geologist and or geophysicist can identify specific prospects based upon BLMC’s reworked 3D seismics?