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Re: arstegall post# 38562

Wednesday, 07/25/2012 10:31:17 AM

Wednesday, July 25, 2012 10:31:17 AM

Post# of 116863
Arstegall, I'm just an old investor in Houston. I haven't worked a field for over 40 years. You know things have changed a lot since those times. So I don't know the answers to your questions. I do believe that someone mentioned to me that TECO is going to truck the oil from the wells in east Texas. Now, having said that, it is obvious that if they are indeed successful in producing some thousand barrels per day, or more they will need a pipeline, or one helluva lot of trucks. And trucks can't operate in some weather conditions as you might suspect. Since they are tying into a gas pipeline, could there be an oil line close. I'll try to call Mike and see if he knows or can find out and with an answer, I will post that info. In the meantime, I do understand the short positions and the purported fanthom shares or 'air shares' as some have called them. I do know the company is well aware of the situation. I have offered all of those who short a free and nice leisurely offshore fishing trip on my boat. And not to worry guys, I do have coverage. I have life preservers,.... for the crew and me.

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