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Pegulas to buy energy business

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5 hours ago, Jauronimo said:

I work in transaction services in the energy capital of the world dealing almost exclusively with clients in the energy industry.   But thank you for clarifying the tax structure of a transaction for me while ignoring the financing side of the deal.  Also, thank you for clarifying what acreage and leasehold rights are vs barrels of produced crude.  I thought Pegula was just going around buying warehouses full of gas tanks and barrels of oil!!


By the way, depending on the formation wells produce oil, gas, gas liquids, and some other less useful ***** all at the same time!  Who knew?  


So.......what the hell do YOU know???


I mean, this is a message board and we want diversity in our opinions! Actual knowledge takes a back seat on the internet. 

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Probably not for sale, but a small little private company called Penn General Energy would be a nice get with their amount of gas wells. 

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