Replies to post #17725 on Paradigm Oil and Gas Inc (PDGO)

[tdbowieknife]

Paradigm has NO oil to pump. And from what I can see, and nobody has been able to dispute it with any documents, neither does Tide and Nira that rumors say are somehow interested in PDGO.


Warning! There is A LOT of misinformation about Paradigm Oil floating around. Here are some FACTS.

Paradigm P-5 is delinquent and has been for years. There is NO oil production of any kind and ALL the leases have more than likely expired of their own accord from lack of that production. And ALL are severad. There are also many Texas TRRC and Louisiana regulatory issues outstanding that include fines, fees and reimbursement for wells plugged by the State of Texas. There is nothing of value and to the contrary nothing but liabilities.


Master Default orders...

http://www.rrc.state.tx.us/media/37809/09-98683-def-ord.pdf

http://www.rrc.state.tx.us/media/38554/09-0298301.pdf

http://www.rrc.state.tx.us/media/28331/20-0296129-paradigm-operating-inc-sfo.pdf


All Paradigm wells are shut-in and NOT producing. Here's the complete list of shut-in wells...

Click image to enlarge:







Nothing being said on twitter is even remotely true.

Production records for the 3 Perry leases...











All 3 Perry leases severed... That means the operator Paradigm Operating has no P-4 and in this case no P-5 because of a Master Default order.








Louisiana...

All three wells status is orphaned.

Click the number 23 or 26 in status column.

http://sonlite.dnr.state.la.us/sundown/cart_prod/cart_con_wellorg6?p_orgid=P338


Organization Red Flags

S = Suspended.

F = fine

X = operator unfit to operate in Louisiana...


http://sonlite.dnr.state.la.us/sundown/cart_prod/cart_con_orgad?p_orgid=P338


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Buyer Beware

TRRC plugging liabilities up the wazzooo !!

Pump and dump scam



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[sodamnsane]

50 is the new 80