The Motherlode has been found – 20+ Billion barrels of U.S. oilThis a well written article, with lots of hyperbole, that has me intrigued but so many of these are old plays already on the rise and known. It seems. Can someone help me figure this one out? Thanks!
https://pro.moneymappress.com/p/EADWF4/EEADU8MO/?src=GroupE1&a=8&o=97892&s=153174&u=2471364&l=3275389&r=MC2&vid=FXYJFB&g=0&h=true
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Well, I think I might have figured this out. I spent a couple of hours Sunday looking up specific teases. This is Dr. Kent Moors pitching for his Energy Advantage newsletter.
This from the email “So in June of 2016, when creditors forced a small company to put a 3,458-acre tract of land up for sale…”.
This is from bizjournals.com on June 24, 2016, “Lilis Energy Inc., a small Denver oil and gas company, is celebrated the closing of a deal that brings it 3,458 net acres of mineral rights in the Permian Basin, which sprawls across western Texas and southeastern New Mexico.”
The email pitch also states that you can get the shares for about $4.00 which is what it was two days before I received the email.
So I am reasonably sure it is Lilis Energy Inc. – LLEX
Let me know what you think.
It seems that Charles Payne is also making a similar pitch regarding the Austin Chalk geo formation in Texas and Louisiana. Wonder if the same company owns that enormous piece of real estate too?