"They early on got the reputation of buying that which others did not wish to own. I think it boiled down to having a lot of money to spend in a hurry and not a lot of DD."
Hard to figure. I mean the BD folks are a bunch of crooks, but they have been around the oil business forever, and one would think they would have more incentive to buy the good properties that you say are readily available rather than the poor ones. I mean they could run an even better stock scam with good properties than bad ones. Just don't seem to add up.
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