InvestorsHub Logo
Followers 34
Posts 5999
Boards Moderated 0
Alias Born 03/07/2006

Re: Billiam_2 post# 1261

Wednesday, 06/13/2007 8:51:13 PM

Wednesday, June 13, 2007 8:51:13 PM

Post# of 1861
It's possible or perhaps likely that the 30 WWOG wells and the 8 Tyche wells are on the same lease since they PR'd the deals at almost the same time. RYLP could have financed the deal. 40 wells may make it worth the cost to build a pipeline. Maybe RYLP financed the lease and their payback is the 20-30% pipeline transportation fees from the wells.


JMO - Do your own DD.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.