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Re: chile2 post# 42817

Thursday, 04/12/2012 10:50:17 AM

Thursday, April 12, 2012 10:50:17 AM

Post# of 112299
chile2, respectfully, to help understand...

Clay does not have any ownership in Rio Rancho/Rio Riata or Bayport/EXTO. He works as an oil and gas consultant for the owners of Rio Rancho/Rio Riata. So actually, there is no part that Clay is giving up. Bayport is significantly expanding its ownership in Rio Rancho/Rio Riata from the previously agreed upon value.

v/r
Sterling