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Re: duelittle2 post# 27087

Tuesday, 12/11/2007 9:59:44 PM

Tuesday, December 11, 2007 9:59:44 PM

Post# of 51429
"and if there was real Big $$ in it..don't You think the "Big $$" would have bought them all Up??.."
With all Due respect, no. Operators in Kansas do not have so much money they can afford to buy up every available lease and then work them until they pay for themselves.

The excellent advantage Keith has is the archive. He knows what is worth leasing, or can surmise it. This minimizes risk and makes every lease almost guaranteed to be profitable.
Think about what other companies face, limited public information about the geology of the area or the cost of producing the reports themselves. Keith really is holding a hand of aces.
I have been thinking that when the news starts gathering momentum in its release, before the big stick is brought into play, at what point do we get an updated reserves report?
After all, the previous, nice, reserves report was made before we quintupled our holdings in Kansas alone. GLTAL

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