Member Info for Robsky

Couldn't get a price even for 200k so think there must be a demand out three , maybe see again later we will probably end at evens again when the late buyer shows up.

Chris SOS sold his holding to NTOG

Ha ha it must have been a big one cos no one else can get a quote. I am thinking the mm' have dropped this to let you or someone else in for more lol

Hi Chris no worries mate loads of longtermers still here we have even seen off the gaffer SOS which I for one never thought would happen, has been a roller coaster of a ride lol

Evening all the Sympson wells in which we sold our interest in last month and waited for 2 years are about to become active producers or at least two are within the next couple of weeks Sympson 9-7-6XH and Sympson 10-6H are in the completion phase and IPR's are due in. Magnolia made a profit of circa 61K for the two year investment from Oct 2015 one well was plugged, will the other 12 prove to be the game changing wells we all thought or did Rita us the drilling data wisely, take a profit and exit the risk and the possibility of 100boed, we will soon know. IMHO DYOR

Hi maggots I am reading the board but not a lot of time these days unfortunately, as said we are on a sandbank waiting for one mother of an RNS to hit before take off. I am thinking the guys and Rita are working on a plan. GLA

cheers jr I will be surprised if it did complete, Sneads loss I suppose.

Good evening all sorry to be an absentee GD, Smidsy, Buzz etc Magnolia Petroleum "Entered into an exclusive agreement with Western Energy Development LLC (‘WED’) to invest, on behalf of WED, up to US$18,500,000 into the Oklahoma oil and gas market as part of US Immigrant Investor Scheme" Interesting happenings over the last couple of months Thomas Wagenhofer co founder Giant Capital resigned end of February and in my opinion had more to do with the WED investment than we know about, the other co founder of Giant Capital was a chap called Gregory Neher ex Barclays Capital and now the CEO and EB5 lead at Western energy Regional Centre, the networking between the two and Rita has become apparent and the reason he left has also became obvious (possible conflict) the receipt of up to $18,500,000 will be very welcome and the diligence and accounting policies make for a good safety net for shareholders IMHO. Greg Neher is a global executive with successful track record of building businesses. He has exceptional strategic, analytical and communication skills, and takes a tenacious approach to project execution Structuring and executing EB-5 investments •Working with EB-5 immigrants to America •Company strategy and financial management •Operations and infrastructure •Company marketing and promotion Diligence ; Prospective investors are invited to visit our existing operations in Oklahoma, USA to meet the team and visit drilling projects. Accountability ; For the protection of the investor and the company, we adhere to the highest standard of financial controls and reporting Audit ; Each year, WERCs operating company will provide investors with audited financials with respect to both its investments and progress toward job creation. http://wercregionalcenter.com/expertise/team/neher http://giant-capital.com/expertise/team/wagenhofer Our recent divesment of the Sympson wells appear to have gone over to 4325 Enterprises and previous lease seen to be geared to liens against Devon energy in noble and pawnee counties GLA DYOR

Good morning GD a good update and some decent IPRs to boot, lots of infill wells in progress or wos should help us progress plus the available cash...I say up lol

Hi buzz we have a 1.4% NRI in this well which the gas produced equates to in excess of 1000 BOED .

That's a pretty good result IMO

back to sails and wimd power then lol, I thought I read that WED is into wind

Good morning, the daily commute to Ok would be to much for me to cope with in between grandchildren sitting however would love to visit broken arrow .

Morning it looks to me like she is liquidating a lot of assets, many of these wells had an operator change when Devon Energy sold them to whitestar and the taps were turned down during the low POO period this will have starved us from cashflow at a critical time. Same goes for the CLR sympson wells while potentially highly productive that investment has so far not produced any oil but the the investment in itself has and profit is profit.

Morning GD yes it will can't buy today and no selling lol

Positivity at last this needs a boost and I thought it would come after the GM getting rid of the NTOG / Snead cloud once and for all. Some good well results would help .

Afternoon GD just reading and digesting, thanks for posting the presentation for me not overly exciting and mostly regurgitated information but that maybe because we follow to close!y. Surprising there is still no mention of Sympson wells and I know that recent fracs by CLR are still concentrated in Blaine obviously for economics but still think an update would be appropriate nevertheless still a good outlook. IMHO

Morning guys I thought for a moment we were getting a WED director appointment. Some well reports would be good Rita not fond of the 1.5% rule. I see DVN smashed another record in the STACK hmmm where are CLR wells ?

Better today L1 thanks the past few weeks have been a bit dodgy regarding the NTOG SOS saga but historic LTH's ownership of the company on this BB is huge notwithstanding the recent ones coming out of the woodwork, I know some will have drifted but even so I think Rita will win this one IMHO. GLA

Good morning all, nice one Rita I remember mentioning some time ago that there was a regular lease deal with Western Energy Developments llc evolving and the real deal has just come out in the nick of time, we have deals in Dewey, Kingfisher, Blaine and Major counties Why can investors feel confident they will get their investment capital returned? •Investors have 1st lien on assets and cash flows via debt investment •As the oil production program is executed, the wells produce oil and become more valuable -- thereby increasing the value of loan collateral •Returns will be funded through cash flow from producing wells •WERC aims to fund projects at the safer end of the oil and gas spectrum. These are not speculative exploration projects. WERC’s technical team will ensure exposure to highest-quality fields with high percentage completion. http://wercregionalcenter.com/services/capital-return-to-eb-5-investors