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Re: Sheepdog post# 30543

Saturday, 10/30/2010 2:22:39 PM

Saturday, October 30, 2010 2:22:39 PM

Post# of 45174
Ben i think they are not talking about the 640 acr cotton valey land which is transfered to BDGR.CA . I think they are talking about the new lease they just signed last month i remember was something like 1300 acr land.I had the same question also.This eight well cotton Valley is the new lease they just aquired.They will drill it with the sale of the lease plus the money they will get out of the German deal.Humble had 16% interest.With all the expenses i think it was wise to let it go if they can get the money back they invested.BDGR.US is going for bigger annd deeper well.Business model has changed.No more playing small thing.Dig deep pull more out.Since they are getting the "Big Money Backup".