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Replies to post #19365 on OMDA Oil and Gas, Inc. (OOAG)

Replies to #19365 on OMDA Oil and Gas, Inc. (OOAG)
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OilStockReport

11/08/10 1:13 AM

#19366 RE: OilStockReport #19365


Maybe some updates on the dispute over the leases?

Current acreage interests include a 15% working interest in 800 acres in Shelby County, TX and a Carried back-in working interest of at least 7.5% up to 37.5% in a 12 well work over play in the Concorde Dome Field in Andersen County , TX . The company is currently involved in litigation involving participation interests in 355 oil and gas wells in Louisiana and Texas . Of the currently disputed 35 leases, 16 currently have at least one producing well with an aggregate of over 100 currently producing wells.