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Re: Ray Bob post# 29969

Tuesday, 09/13/2011 11:36:47 AM

Tuesday, September 13, 2011 11:36:47 AM

Post# of 37472
So how much oil are they producing with the so called leases and what can be the profit margin of the wells that they have been doing for years? What is "working interest"? They don't have profitable well leases, and that is even if the oil is $100 a barrel. Anyone can do just minimal DD on BNPD leases and what "economic limit" is and what "stripper" or "marginal" wells are.

Why they are a pinky BS and just trying to transfer the costs of their Tejones Operating expenses to the shareholders of this pink shell. And they are having problems doing that.

BNPD IS A JOKE.