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Message: Why sell off someclosed in wells?

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duncanmcl

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Owning the land

in response to Re: Why sell... (TNVOL) by TNVOL

posted on Nov 30, 07 05:27AM

As a holder in both Montello and Austin....seems like they both are being positioned to succeed......why Montello wants to own the land/properties.....when BIG Oil looks to buyout.....Montello is in control....if thats the way it goes....he has all the cards....stack loaded.....Austin is happy with 100% of 53 wells.....could even farmout......has 40% of Highpoint. I thing its all about control!! My question ... the details $$$ of these recent land deals and the 50% deal to Austin.....when is that disclosed?

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