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Re: Rayland post# 6400

Thursday, 02/17/2011 11:55:44 AM

Thursday, February 17, 2011 11:55:44 AM

Post# of 73703
What I think my friend is that there is no proof of those wells ever produced, not only that the Oil, Gas Leases were never produced, nor were there ever any public PR stated the actual gross acres for production per each well, in a nut shell, it looks like the picked up a few OGML's for PR. Also Mr. Gordan last financial's stated 1.5 mil (est) in Leasehold, that means he holds that ammount in an OGML, how many? Whats the bonus they paid per lease? Those will help determine the actual cost/worth of the OGML.