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$hylo

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$hylo

Re: 46er post# 423

Friday, 02/25/2011 6:32:08 PM

Friday, February 25, 2011 6:32:08 PM

Post# of 3556
Good job 46er! Your .029's will be looking very good next week. Hold on to your horses as next week will be a different story...

Petro Grande owns over 16,500 leased acres in the Permian basin in Val Verde and Crockett counties in West Texas. Along with, the latest advanced 3D seismic and over 150 selected drilling targets, Petro Grande estimates that there could be approximately 500 BCF of natural gas in its acreage position.

BLUG acquired 4807 acres plus additional 9,850 acres option:

BLUG acquisition also includes an option to participate as a working interest partner of Petro Grande in drilling programs sponsored on an additional 9,850 acres.
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