Superior Oil &Gas Company (fka SIOR)

[Arlocali01]

It is just my understanding and I am not claiming to be right but it is all a matter of holding leases in the right location.


Leases could easily have been purchased after the last filings and cheeply before the play was becoming hotter.

Active wells could easily hold the leases they may have had prior to that, it does seem that a lot of the wells were active from the OCC records. Assets or resources or leases could easily be held in other names and transferred at appropriate times.

In places where the reserves are proven, I think that is a good bargaining chip for a JV or other type of funding even with pending lawsuits. I understand your position and in some ways agree with you but I like what I have been able to discover.

As far as DD in places other than the SEC filings, information has been provided on where to look, several of them are government entities and not just some place on the internet. Physical copies of their records can even be requested if one does not trust the internet.

I will take my chances with SIOR