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Post# of 25804
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J-Rhino

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J-Rhino

Re: molikai post# 859

Thursday, 05/26/2011 12:59:58 PM

Thursday, May 26, 2011 12:59:58 PM

Post# of 25804
Not at all. The other company is putting up the capital and is assuming all the risk. HENC gets the benefit of oil production with no upfront cost and can also use the funds to buy other oil leases. If you read the pr, they say they brought in an experienced manager and hired Apex to coordinate the operation.

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