This is our latest report on progress and brings wonderful news.
All of our paperwork, registrations, state requirements and gatherers are set and we are now in the business of producing and selling oil on all leases.
Therefore, our first month's sales will be March, 2022. We should sell oil for all tanks. It will be a short load sale because we are reclassifying our production status for stripping taxes. We will be taxed, not fair, 27% on the first 20 barrels from each lease as a one time fee. This a democratic state and loves taxing a person to death.
We should have revenue out end of next month and every month thereafter.
We have another new program in the making and will send information if you are interested....It's a production property.
End of today's report.