Replies to post #62887 on Pilgrim Petroleum Corp. (PGPM)

[Dallas66]

one would think with the U.S. having the largest oil reserves in the world, led by Texas' Permian Basin/Midland Basin area having an estimated 20+ billion barrel reserve, which happens to be apprx. 3 times larger than the Bakken formation in North Dakota, (which is dramatically dropping in production output), a well managed and proven executive team such as pilgrim has, would focus on all their fine assets in the Permian basin. ohhh...I forgot...there is that pesky little judgment against them by TRRC.....lol