Replies to post #13129 on Paradigm Oil and Gas Inc (PDGO)

[tdbowieknife]

I don't get where Vince gets that he put up a million dollar bond for Texas and LA when the fact is he put up $50,000 for Texas and very likely $25,000 for LA as they only have 2 wells in the inventory there... looks like a total of $75,000 to me.

$50,000 Bond is listed on the P-5 here


And the bond rate for LA for 1-10 wells is $25,000 here and for 11-99 it's $125,000. Still a long way from a million.

http://portal.ncdenr.org/web/wq/home?p_p_id=20&p_p_lifecycle=1&p_p_state=exclusive&p_p_mode=view&_20_struts_action=%2Fdocument_library%2Fget_file&_20_folderId=10590615&_20_name=DLFE-62283.pdf


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