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Alias Born 03/09/2007

Re: Badge714 post# 27892

Friday, 12/21/2007 11:03:43 AM

Friday, December 21, 2007 11:03:43 AM

Post# of 51429
Yes, I think you have the right lease Badge. Their lease could have run out years ago. At the time 30bopd at that current price may have made it uneconomical for them.
There could have been bad blood between the landowner and Cherokee. The landowner could have heard that letting it sit idle for years would help.
There are many possibilities.
I think you found the right lease but I would not read anything negative into it just because none of us can find production records back then.
It still looks like a great find to me, but I am no expert in the industry.

And the numbers come from the archive KAA has. It is illegal for him to state information in a pr knowingly false. I think he is being honest. There is too much potential upside for him to do things right than to try to scam people and risk imprisonment. Does not even merit further consideration IMHO
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