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Re: DeeDog post# 4576

Sunday, 09/04/2011 1:04:31 PM

Sunday, September 04, 2011 1:04:31 PM

Post# of 6903
Yes a producing oil well up until the price dropped in the early 1980s. You make a very good point on the value of communication.
But there may also be aspects they can't share without limiting their ability to maneouver. Imagine if they'd made their deal public to sell rights only below a certain depth for $28M in Desoto Parish. Shareholder speculation and discussion would have tanked it before it was signed. So there are two sides to that coin.
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