Quote:
Originally Posted by barbarian
20 years ago when Amoco was selling all of that thousands and thousands of acres in Cameron Parish, most of it sold in the $250 acre range.
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Wasn't that because it had a bunch of old played out wells on it that the new owner would be strictly liable for? Plug and abandon $$$$ and DEQ/EPA breathing down your neck all the time, might not have been as good a deal as it seemed.