Also, I wouldn't invest in a company that didn't do their due diligence because in doing so they would realize what they are getting into. Poor judgement
Portfolio includes assets in the USA. If they are talking about the Permian basin lease they are buying from Alamo resources they will soon realize that this will be a liability. The numbers on the lease made me laugh. I am in litigation with Alamo resources for half a million dollars for services provided and they claim they can't pay because of financial troubles. They tried to drill new wells and didn't have much success. Seems like they are selling nostra terra oil and gas their problems so that Alamo can watch their hands and be removed from future courts.
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