Phoenix Associates Land Syndicate (fka PBLSQ)

[tdieh03]

HPeterson,

Perhaps this is why:

The financing structure frees producers to focus their capital resources on core oil and gas producing activities while providing Phoenix with

"partial ownership, pre-agreed lease payouts and revenues over a designated time period."

I would think that revenues will be proportional to the percentage of the "partial ownership."

Can anyone tell me how a partial ownership equates to an acquisition?

http://biz.yahoo.com/bw/051115/20051115005469.html?.v=1

Thanks,

td