Posted On: 03/08/2014 11:16:24 AM
Post# of 39368
I see your point and I am all for it. I would say that if we get good at buying, establishing and then selling leases for a profit, like we did on the Mitchell, only with a better %, we will eventually be able to make money off of a lease like that. Just don't want any shareholders that don't know the oil patch to get their hopes up that Treaty will be selling a lease like this or hitting this shale by just drilling a little deeper anytime soon. We need to get real good at buying a lease, drilling 5000', completing a well, producing that well enough to recoup our money, and then selling it for good profit before we worry about the Cline shale. JMO.
(0)
(0)
Scroll down for more posts ▼