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Re: rickkei post# 3076

Wednesday, 03/09/2011 10:59:26 AM

Wednesday, March 09, 2011 10:59:26 AM

Post# of 28290
so what are you saying? pgi's buying worthless wells and printing false info?

not calling you out, just trying to clarify the meaning of your post.

The Company has just closed on the acquisition of yet another oil and gas asset known as Callahan County Regular Field, which contains 30 producing wells. We entered into a joint venture agreement with Cynergy Partners, Inc who will act as the operator, the joint venture manager and would remain the General Partner for the Cynergy Royalty Income and Development Fund to acquire 50% WI and 50% NRI.