Clown-Free Zone... sorry, no clowns allowed Message Board

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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Lee Lichterman III who wrote (92553)	4/11/2001 11:45:36 PM
From: Ken98	Read Replies (1) of 436258

Lee, I'm not sure about the applicability of the tax credit if the units are held in a tax deferred vehicle. Good question for the accountant. Did you catch this other tidbit in the SJT 10K? <<BROG has informed the Trust that capital expenditures for 2001 are estimated to be $30.2 million. BROG anticipates 406 new capital projects for 2001, including the drilling of 49 new wells to be operated by BROG and 40 wells operated by third parties. Of the new, BROG-operated wells, 42 are projected to be conventional wells completed to the Pictured Cliffs, Mesaverde, and/or Dakota formations, and the remaining seven are projected as coal seam gas wells to be completed in the Fruitland Coal formation.>> Even without tax leverage, a 30%+ yield ain't too shabby. Hope all is well, Ken

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