Re: My criteria for buying PRB vs FNC and others/w.bathers
in response to
by
posted on
Mar 14, 2008 04:50AM
When you compare FNC to PRB there is no comparison. Bering in mind that many of us hold most of these plays this is not a bash on either one. I own both but if you take property pllacement away or even take away the ring of fire then compare the 2 plays you will see that FNC appears to be nothing more than a shell when compared to Probe.
I am loaded with Probe because they do work and get things done and are quite successful even acquiring royalties of quite a substantial sum. So this is a monthly income. Add to that good management and all of their properties and plays there real is no comparison.
FNC has a good land position and thats all. They will not work on it nor have they ever worked a property. Billikin will work FNC under the stewardship of the NOT team thank the Lord for that.
So if you forget about the area and look at the play itself Probe wins hands down.
They have 34 anomalies at the north end and at least 2 at DE...Don