Replies to post #11965 on Native American Energy Group Inc. (fka NAGP)

[Drillman7]

I would think that the Natives are going to take a good chunk of interest I am guessing but say 25 % would be ball park figure as NVMG remains operator on the well projects operators retain over 50% to have this statis

[NMState94]

I have no idea what the details of the lease is. I wish I did. It could be a Capitol lease which would be damn sweet. But I doubt that. So, most likely it's an operating lease and any details on revenue split is in the lease detail which we don't have.

If / when we get to see the F/S, leases are footnoted. Then we would know.

Funrun: I could give you my prediction but it would get deleted because I would be influencing things by suggestive means or by psychological means.........