PERMIAN BASIN ROYALTY TRUST PBT

Energy Oil & Gas E&P

Permian Basin Royalty Trust is an express trust. Its Waddell Ranch Properties has mineral interests in the Waddell Ranch. Its Waddell Ranch Properties have proved reserves in six fields: Dune, Sand Hills (Judkins), Sand Hills (McKnight), Sand Hills (Tubb), University-Waddell (Devonian) and Waddell. The Waddell Ranch properties contain approximately 1,067 gross (499 net) productive oil wells and 108 gross (51 net) productive gas wells. The Blackbeard Operating, LLC is an operator of record of the Waddell Ranch properties. In the six fields, there are 12 producing zones ranging in depth from 2,800 to 10,600 feet. The prolific of these zones are the Grayburg and San Andres, which produce from depths between 2,800 and 3,400 feet. Also productive from San Andres are the Sand Hills gas field and the Sand Hills oil field, the Dune (Grayburg/San Andres) oil field, and the Waddell oil field. The Dune and Waddell oil fields are productive from both the Grayburg and San Andres formations.

NYSE:PBT - Post by User

PERMIAN BASIN ROYALTY TRUST

<< Previous

Bullboard Posts

Post by 2t3mon May 01, 2008 4:56pm

335 Views

Post# 15029224

Do you remember me Journal?

Hello Journal,

Just passing by. I saw the sky rocket almost 28$. Just like flying, investing is not dangerous. It's the dam landing that are dangerous. Hep! PBT felt at 21$ something, I was glad to be out of that plane in time.

Give it a week or two and I'm back in!

Take care journal! Oh if you are looking for me, I will be in Bombardier (BBD.b), VIQ Solutions (VQS), Bridge Ressource (BUK) & a little in MediPattern (MKI) Bullboards. All of them, are ready to take off BIG time.

See Ya!

<< Previous

Bullboard Posts

Nine Mile Metals completes acquisition of 3 properties