Replies to post #24229 on Diversified Oil and Gas Holdings (DVFI)

[fratboy72]

This makes it sound like in addition to NOT in place of:

"This transaction is separate from the Joint Venture Transaction -- East Texas Oil Field."

This line was taken from the Jan 22nd PR...................

Guess we'll see soon enough.

[Waverider110]

Minne- you are saying what the 11/07/06 PR

seemed to imply. I would rather say that the LA. property is BIGN's main share of the East Texas deal....assuming IW is onto something with his idea that the LA. lease is part of the East Texas company properties.

That being said, BIGN has $4,000,000, when the deal is done, to put into new wells in the East Texas property if it so decides, or promising areas where reworking is needed in Texas. Or, it can invest in the Oklahoma properties, or New Mexico, or whereever the consortium has interests.

NEVERTHELESS, I WOULD NOT ASSUME THAT THERE ARE ONLY CRUMBS FROM THE TABLE FOR BIGN. IT STARTED THE DEAL AND NEEDED ROYAL TO HELP. CONSIDERIT ALL IN THE FAMILY!

[arconway]

Most assuredly in addition to the East Texas deal. PR from Jan states that. I look for great things here soon.

Go BIGN