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Re: SLO-sider post# 24640

Wednesday, 06/02/2010 12:15:41 PM

Wednesday, June 02, 2010 12:15:41 PM

Post# of 45176
But seriosly if BDGR can aquire funding to expand the Cotton Valley formation hold they have now and tap 10 new wells I do believe we will see some major action. I believe the first move up will come with news of funding from the European investors and the second will come shortly after they announce completetion of the first well. I do believe that since they are done with the Humble Project for the most part and everything went relatively smmoth that they should now have the time to focus on this project. As I do recall the Humble Project took up the last 8 months of their efforts and now can be included in our companies portfolio as a producer and new income. Focus should now be placed on Cotton Valley over the next 6-12 months. Funding is key right now! Hope to hear news that will set us off in the coming weeks!

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