had another look at old company presentations. reminded of the...

had another look at old company presentations.

reminded of the company emphasis on keeping control and avoiding dilution the money will not last forever though,and it might take the money running out to actually make a decision..

there was a few mentions of applying for more bass basin acreage through government release, but that was a long time ago,and no update.cheapest way to grow the business,but for a company that has never farmed out a prospect,to get more ground to farm out seems inappropriate.

--actually thundering references to not surrendering any value when making a deal.

3d seems to have been quite successful in varying the spending conditions of the leases,dealing with govvie departments is not a problem,just dealing in the free market.