Betreff: AW: AW: European Lithium/Delecta
Hi rdncoic,
Could you explain to me how Delecta earns money with Mosman's wise 1-25?
By shares that Delecta holds to Mosman or through direct oil / gas revenue?
Thank you!
Acapulcovogel
Not a problem A. Delecta wanted to buy all the Arkoma oil and gas wells but failed the funding raise and was only able to pick up the Wise 1-25 oil well. (80 % holding) Now Mossman picked up a holding in the other wells from the original owner.
Mossman is awaiting fracking results (END OF THIS MONTH) for making a move to pick up more percentages of the remaining wells. They picked up a 20% or so holding of the 1-25 oil and gas well but DLC remains the majority owner of this one well.
Now we all know that if and when fracking takes off it is really profitable and it will open new doors for DLC's one well. Buyout or whatever. Or a huge pumping output for 1-25. DLC management has become boring with no new ideas but they still own 80% of 1-25.
More info below
https://www.google.de/search?dcr=0&q=mosman 1-25 wise oil and gas well arkoma okfuskee&sa=X&ved=0ahUKEwjO-LyGgrXcAhUSDuwKHQS7BJwQ7xYIJigA&biw=1419&bih=902
