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Re: PeteArjean post# 8277

Wednesday, 09/19/2012 11:36:39 AM

Wednesday, September 19, 2012 11:36:39 AM

Post# of 70653
The costs for their 10% working interest in the next well has already been paid, so they can increase their share for each subsequent well using earnings they'll make. The costs for developing the 4000 acres in California is being carried by the operator, Solimar Energy.

IMO