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Re: balance_builder post# 88173

Friday, 01/12/2007 2:50:29 PM

Friday, January 12, 2007 2:50:29 PM

Post# of 361994
Balance and the Board: Re: EEL press on reserves in B-2
"hetherb....EEL gave up 1/4% of 1% of their 9% interest. If the same holds true for the remaining 91% of the interests it works out to just under 3% (2.77%) overall."

Also note that they gave up 4% of 30% (13%) of their OPL 321 and 323 blocks to "certain of it's partners". I wonder if those partners are the same for B-2 and OPL 321/323?

No riddles, no spoofs, no birdies, no sources ...just a genuine question related to my investment in EREH.

dat