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Re: localoil post# 4233

Wednesday, 03/21/2007 10:16:37 PM

Wednesday, March 21, 2007 10:16:37 PM

Post# of 45174
"An average operator has a NRI of 87.5-80%.

Dragon is closer to 55%. That's why it doesn't make sense. That's what I get, or, just check the published figures. They were at 60%."

Localoil, help me out, why would BD negitiate such bad leases?