[Smokin' Joe]

Not sure who sold their production acreage/leases, but this isn't a land sale in the sense that the land itself was sold. 'Land'men are title search (commonly attorneys) who secure drilling rights for exploration purposes, such leases held by production or renegotiated every few years.

The 'acreage' referred to is in mineral acres, not ownership of the land.

Half a million in stock in an oil company is pretty small potatoes, really, at least in that arena. It costs six million or better to drill and complete a 1280 acre spacing single lateral well in the Bakken and Three Forks.

Occidental will do what they can to post a profit, that is the duty of the Board to all the stockholders, not just Algore.

[UCANSEE2]

What’s the matter? You don’t like the shiny toy the MSM dangles in front of you?

How dare you be informed of the true facts, and use your mind to actually think.

: )