OMDA Oil and Gas, Inc. (OOAG)

[Sheepdog]

NOT 150 wells owned.

From the May 18th PR and restated for those who are making these misleading statements:

"OMDA Oil and Gas, Inc. currently owns an outright 20% working interest in 150 producing wells in Caddo Parrish, Louisiana...OMDA also owns a minimum of 37.5% in a 12 well work over play in the Concorde Dome Field in Andersen County, TX."

Thus, the equivalent ownership is about 34 wells of marginal producing capacity.

I would be very suspicious of the statement "150 producing wells", implying all of the wells are currently producing 100% of the time, and suspect, as these are stripper wells, this REALLY means the 150 well "field" as a whole is producing SOME oil.

I also expect we will find out how much oil is being produced after AEB has milked the PR's to death.