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jimmyv

04/19/09 9:44 PM

#776 RE: USA*2014 #771

Since they've been legally severed from the lease by the Texas Railroad Commission, it doesn't matter how they "intend" to develop their production wells. It will take a lot more than $150K to rework those wells, of which they are well aware. They also have a VERY UNHAPPY land owner that may decide to pull the plug on their lease. Then what do they have besides a letter of intent and some major litigation against them?

tedwitt

04/20/09 7:16 AM

#782 RE: USA*2014 #771

I do not see "expert" defined any where in that statement.