UBRG lists property value at 300K yet post 747 message indicates 20 million bbrls oil and 17 million units natural gas. What gives?
Really?? I didn't realize a Q/K had come out factoring in the NEW!(12/2010) joint venture.
NDR is merely linking customers with producers, doesn't produce. UBRG showing 613K loss thru June, this would include NDR income or loss.
Procurist/Brokers don't make money??... LMAO! The difference between what they bought it for and re-sold it at IS their revenue. What you FAIL to realize is that they can make a TON!! of money in the "high demand/rising price" of BOTH commodities(Oil & Gas).
... and as the 12/2010 PRs state... they NOW! have a stake in PRODUCING! from the ground.
Throw them under the bus all you want.. but UBRG clearly has their ducks lined up.. and it's PAYING OFF!
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