Superior Oil &Gas Company (fka SIOR)

[WildcatDriller]

At this moment Devon has plans of drilling 48 new horizontal wells for Superior and it's investor group. Superior gets a free carry on all wells. It was paid for by the investor group. Superior has zero outlay, except for the acquisition of additional leases and that has just happened as well. The initial 48 wells could double if Devon develops the lower sources of supply and again at zero cost to Superior. Superior sold their 25% to the investor group for a totally free carry for a third. Superior has everything to gain and nothing to loose.