GREY:RGVNF - Post by User
Comment by
stocktalk2on Dec 23, 2009 4:16pm
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Post# 16615346
RE: RE: Stocktalk - Curtis
RE: RE: Stocktalk - CurtisIf you knew much about the oil and gas business, this resume would not give you much comfort. It appears he has not been active in conventional oil and gas plays for almost 30 years. You need to be active and know the area you are drilling in intimately to be successful...especially in Louisiana!
REV should have solicited a third party engineering group or firm to assess the reserves and geology of the area before putting up any money. Of course it is just an LOI right?