InvestorsHub Logo
Followers 0
Posts 45
Boards Moderated 0
Alias Born 05/10/2006

Re: None

Saturday, 12/16/2006 9:26:08 AM

Saturday, December 16, 2006 9:26:08 AM

Post# of 35
BLMC has “developed and placed” five drilling prospects. One would anticipate a higher level of BLMC participation than its typical 25% royalty fee.

We should learn more detail on the arrangement with Manti Exploration when the annual report is released on 2/23/07 if not sooner. Keep in mind that MANTI Exploration is a highly reputable firm. http://www.mantires.com/

Note Manti recently submitted permit applications for three sites in Saint Bernard Parish:

http://sonris-www.dnr.state.la.us/sundown/cart_prod/cart_cmd_permit.cart_permit_frame?pcup_num=P2006....
This permit definitely relates to BLMC property; see: http://www.biloximarshlandscorp.com/BLMC-Property%20Description.pdf

http://sonris-www.dnr.state.la.us/sundown/cart_prod/cart_cmd_permit.cart_permit_frame?pcup_num=P2006....
This prospect appears to be on Lake Eugenie (BLMC's sister company) property and is labeled as "major".

http://sonris-www.dnr.state.la.us/sundown/cart_prod/cart_cmd_permit.cart_permit_frame?pcup_num=P2006....

I view the Manti press release as a turning point for BLMC's future.
http://biz.yahoo.com/bw/061215/20061215005085.html?.v=1