OTCPK:BLKPF - Post by User
Comment by
seabird1on Nov 13, 2006 12:46am
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Post# 11668220
RE: PXX and PGB land concentration
RE: PXX and PGB land concentrationcall the company...the vast majority ie over 70% is in Hale,Swisher and Briscoe Counties...Vintage had none of their property there. It was all in Floyd and Motley. The Young well is in Swisher but the McIntosh is in Floyd where there is some apparent success. Both PGB and PXX's ground + some other smaller entity have very little ground in Floyd and Motley. You can also spend alot of time checking with the Texas Railroad Comission TRRC . Not knocking them they have drilled a good well with some luck but not much leverage ...certainly not the market cap that the market is giving them. BNK has the acreage and leverage unless i hear otherwise/