Replies to post #13952 on Phoenix Associates Land Syndicate (fka PBLSQ)

[asus]

Tedwitt- I asked John Burge a question that never got answered. He told me that part of the business Progas does is commodities trading on the markets, and the other part of the business is actual spot marketing of oil and gas. I would like to know what the percentage of the ledger is written for each part.

Thanks-
asus

[chilar4567]

Tedwitt, I'll be most interested re your impressions regarding
JB and the PG operation. I was extremely impressed with the coureous, friendly and open reception on the visit there in Feb. That was not the Houston office, however, and you may not get the opportunity to meet with JB there, which is a shame.

[pnew122]

ted
What is the current well count?

When will they tap Wyoming?

Under what circumstances will they tap Nevada? (will they have to hit in Wyoming 1st?).

Thanks

PS-Oh yeah. Should we still look to be so rich we will be dancing in the streets like little school girls?

[tdieh03]

I too would like to know about the 190 mil in revenues and
the small profit, if it was due to the damage incurred by the hurricanes and the rebuild costs, this year should be quite profitable for ProGas as John Burge alluded to when we were there.

JB does list an office in Houston on his business card. He gave us all one when we met with him.

Perhaps you might call ahead to see if he would be in the Houston office beforehand. He is worth talking with.

4265 San Felipe, Suite 530
Houston, TX

Tel. [phone]

Have a safe and hopefully informative trip.

td

[mickvonmerk]

tedwit i like your DD you mind if telling us who you worked for in the past ie what firm? the same for your friend just trying to keep everything in perspective. thanks

[nostinkinc]

When do we roll? LOL