Replies to post #19277 on OMDA Oil and Gas, Inc. (OOAG)

[ooag_long]

that just means that there is more in the ground for us, looking forward to barnett's next few announcements

[Sheepdog]

But...but...but...this property is supposed to be pumping over 4,500 bbls/Mo. Surely we were not scammed again by these guys. (Note the date on the PR below from Lanza. This was 9 years ago so where did the 489,000 BBls of oil go?)

“Original Media, Inc.'s Wholly Owned Subsidiary Acquires the Concord
Dome Project in Anderson County, Texas.
PR Newswire, Oct 25, 2001

PALM SPRINGS, Calif., Oct. 25 /PRNewswire/ --

A wholly owned subsidiary of Original Media, Inc. (OTC: OMDA) has entered into an agreement to purchase a lease that is located in Anderson County, Texas. The property is known as the Concord Dome, which has 14 wells and two injection wells. The lease currently has 4 of the 14 wells producing around 22 barrels per day.

Management has contracted to put the other additional 10 wells into production, which should raise production to 125-150 barrels a day. The work over is currently taking place. The additional 10 wells should be back online by mid-December, weather permitting.

The terms of the agreement, effective October 24, 2001, are for cash, common stock of Original Media, Inc., and debt.

Note: Any statements released by Original Media that are forwardlooking are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Editors and investors are cautioned that forward-looking statements involve risks and uncertainties that may affect the company's business prospects and performance. These include, but are not limited to, economic, competitive, governmental, technological, and other factors discussed in timelines.

For further information, please contact Original Media, Inc. Investor Relations, 800-959-9122, or Facsimile, 760-318-0807.”

COPYRIGHT 2001 PR Newswire Association, Inc.
COPYRIGHT 2001 Gale Group”

NOTE - Even Barnett sets a assett value of the dome at ZERO in his financial statements. He apparently just needed the Concord Dome as the subject of about 10 PRs to hype the stock so he could sell his stolen shares.