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creede

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creede

Re: puppman post# 4764

Monday, 06/25/2007 10:47:18 PM

Monday, June 25, 2007 10:47:18 PM

Post# of 9487
How can this be anything less than a good thing?

Under the terms of the agreement Monogram Energy, as the Majority Partner, will provide all funds necessary to acquire and workover the wells, and Northamerican Energy, as both the General Partner and a Minority Partner, will operate the wells under an operating agreement with the Partnership.


NNYR is transparent, and has an o/s of only 12M. If they no longer have to dilute for capital, then what's the big problem with the current situation?




GodBless - NoDoubt - creede

~> #board-7229

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