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To: Kenny who wrote (230)5/27/1998 10:16:00 PM
From: Jim K.  Read Replies (1) | Respond to of 2849
 
IMO, land access is not the value here. In fact, I would assume that access already exists in order for the exploration and discovery. I think the value is that more adjacent land would allow more wells and therefore greater production volume, assuming the quantity of oil is there. Also the sale of this land should include a percentage or royalty of oil produced to provide a on going cash flow.
Just my thoughts.
Jim K.