That's probably a VERY good strategy. BDGR is the only publically traded company with a meaningful concentration of activity in this field that I am aware of.
And, as I've said earlier, the whole of the sitution in this field is very compelling, for these reasons...
1) Acquisition of recoverable reserves on a per acre basis is atypically low. There are any number of "problems" in producing in any field, any state and from any formation. The good news here is that the problems are easily understood and cost-effectively solved.
2) Acquisiton of these assets (and I've done my share to maximum potential according to what I can afford) is very compelling since the Caddo Pine Island Field has never had a significant degree of Secondary or Tertiary Recovery. That, and the fact that an atypically percentage of the original oil in place has been left "stranded" as the primary motive drive, (gas) was wasted earlier.
And, there is A LOT of technology which is being adapted, at very low cost, to free these stranded assets. Don't get me wrong, acquisition of reserves as is being done makes good economic sense. Just money in the bank.
That we have a number of technologies on the horizon for deployment in the next 6 months to a year that will increase production 5-9 times just makes it all the sweeter.
And I'd guess that is the primary driver behind the very active acquisition of reserves in this area by the Chinese. This is, IMHO, one of the best, if not the best, field in which one might undertake EOR. We could get into more detail about this if you like.
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