Georgia Bard's Corner Message Board

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Pastimes : Georgia Bard's Corner

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To: Ga Bard who wrote (1491)	5/4/1998 6:52:00 PM
From: K A Anderson	Read Replies (1) of 9440

True enough about the capitol issue, and the 144, one thing I have noticed about their management is they are conservative almost to a fault, they have bought a truck load of highly desirable leases, not long ago ENE was sniffing around at a few of their sites asking about buying or leasing it... but I have not heard any more on that issue. One of the things I dont like about TRIL is they have that old style wild catter mentality oil and gas in the ground = money in the bank. I think what these guys do is open up the wells just enough to pay the bills and then sit on the rest waiting on better prices. Yeah you are right, they are cash strapped but not with out assets. They probably could sell some off and be flush with cash, but that seems to be out of the question for their management style... KAA

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