TODAY'S DISCOVERY, TOMORROW'S FUTURE

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Message: Re: Van. Presentation
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tau
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OT
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Oct 05, 2009 09:13AM

They are drilling elsewhere because there are option payments due on the other properties. The longer a company keeps a property, the more money that they have to pay out. Often, the payments are back-loaded; meaning that the payments increase every year.

The company had figure out which ones to keep and which ones to dump. As far as a buyout goes, it will probably happen later rather than sooner.


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tau
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