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Re: localoil post# 5242

Wednesday, 04/25/2007 9:16:43 PM

Wednesday, April 25, 2007 9:16:43 PM

Post# of 45178
"Never paid for it. It's the one right across the road from the Reslin well/lease. Both are candidates for recompletion with the deep gas plays converging on the area. The Reslin well hasn't been paid for either, that's the one in the Hank "I have a bad ass tattoo" video."

Yeah, this has been one of my fears, that the assets BD scooped up on whatever terms to include in all their PR would eventually be lost to lack of performance. You know, a company that can't produce an audit certainly can't raise any money to develop properties. Of course, it increasingly sounds like they never much intended to develop all the properties.