They weren't producing much but the month following the tranfer to the other company, the oil production more than duoubled. (from an average of 50 BO/month to 126 BO/month) Also there may be some drilling opportunity given up. Without knowing the details, it would be hard to speculate if it were a good deal or not. Regardless, BDGR was losing money on those leases. (as they are on almost all of them)
You ask how many wells were brought online? I could track this number for you but the info is readily available. The number does not really mean anything. Wells go online and offline all the time. The company may tell you that they brought two more wells online this month but they won't tell you the the same two wells went offline last month.
The key question would be does revenue exceed expense.
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