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Bridge Resources Corp V.BUK



TSXV:BUK - Post by User

Post by losvegason Feb 18, 2009 8:28am
323 Views
Post# 15785751

WTF is this?

WTF is this?"In order to address the amount of gas back-out of existing wells feeding the LAPS pipeline caused by the high pressure and volume Durango well, Bridge has agreed to allocate certain production revenue to such existing legacy LAPS well interest holders in order to make up for the diminished production of such legacy wells during the higher pressure and volume production period of the Durango well."
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Has anyone previously seen any reference to paying other producers part of OUR revenue?
And just how much is it? That is material information and should have been disclosed.
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