BrewBilt Brewing Co (BRBL)

[coolcoins]

Maybe I can throw little light on that. I have been looking into UBRG because they’re involved, or have been involved with the Garcia #2 well thru Atlantis. You can check out all the posts on that board, but I’d recommend checking out the ones from Krysti. She’s got a good handle on it. UBRG hasn’t listed any income yet from the #2 well and I wanted to see some production numbers. The Texas RRC website didn’t list any figures for the wells that were drilled including Garcia #2, Hinrosa and the test wells. I then called Santa Rosa Resources in CA. which was listed on one of Grid’s PR’s in the past, and talked with the cordial IR person. He didn’t seem to know anything of Grid’s interest in the NW Premont, but he knows of Atlantis and the well drilling. He said the RRC allows operators to keep production numbers confidential for up to 1 ½ years while they develop the field to fend off competition. He said oil flowed out of the well unaided and there were in fact several payzones. When the contractor went to complete the well, he made a mistake with the concrete mixture and made it too wet for the porosity of the soil, and it ended up closing the well off instead. I believe he said that they’re going to return and re-drill it or frack it after they drill the Garcia #3. He seemed very positive about the prospects for the #3 well and the field. He said he expects it to be drilled very soon. I’m not an oil man, so forgive me if I got the terms wrong.