Replies to post #6399 on Black Dragon Resource Companies Inc (BDGR)

[cameraturret]

Local,

You are correct, they only had like 1600', I think. With the tunnels under them, the liability was too high to drill even shallow wells.

Lou

[charts talk]

I edited my post #6398 while your were responding (your post #6399).

I am use to all drilling rights being part of the lease(s), but I have no lease experience in La. It seems odd (to me) that you could have a lease, but limited to depth.

Can you expand on what is typical in La?