Diversified Oil and Gas Holdings (DVFI)

[Waverider110]

Minne- you are saying what the 11/07/06 PR

seemed to imply. I would rather say that the LA. property is BIGN's main share of the East Texas deal....assuming IW is onto something with his idea that the LA. lease is part of the East Texas company properties.

That being said, BIGN has $4,000,000, when the deal is done, to put into new wells in the East Texas property if it so decides, or promising areas where reworking is needed in Texas. Or, it can invest in the Oklahoma properties, or New Mexico, or whereever the consortium has interests.

NEVERTHELESS, I WOULD NOT ASSUME THAT THERE ARE ONLY CRUMBS FROM THE TABLE FOR BIGN. IT STARTED THE DEAL AND NEEDED ROYAL TO HELP. CONSIDERIT ALL IN THE FAMILY!