Replies to post #3953 on Black Dragon Resource Companies Inc (BDGR)

[cameraturret]

Localoil,

BDGR is not the operator of these wells. So is the figure BDGR is quoting, it's net of oil after the operators take? Or is the operator paid in cash on a monthly basis no matter what the quantity of oil is?

And to badrguy, LOL like crazy at you. If you are short, your screwed.

Lou

[crude-dude]

Working interest owners pay all the bills in proportion to their interest. I have seen wells where the operator has 90% working interest and a 2% revenue interest.

[Trooper]

This is why BDGR is essentially worthless.

And the dreamers on this board don't even know what ORR is. No oil company in its right mind would touch BDGR with the ORR's they have in place.

Very sad.