BLACK BART DATA COMPANY ANNOUNCES 46% OF TEXAS MINERAL WEALTH OWNED BY INDIVIDUALS

The Black Bart Data Company today announced that 46.0% of the Mineral Wealth in Texas is owned by private individuals.  The remainder in owned by corporations, trusts, partnerships, and other legal entities.

"What this tell us", says McCartney Taylor, president of Black Bart Data Company, "is that the acquisition groups have a large pool of candidates to buy royalties during the 1999 aquisition season."

Mineral wealth is measured by the county appraiser's value on mineral owner's property, commonly known as royalty interest. For this study, oil and gas lease owners, commonly known as working interest owners, are not included, as they do not own the mineral rights in the land.

Black Bart Data Company maintains the largest private database of Oil & Gas owners in Texas. BBDC evaluated and derived from their internal database the individual vs. corporate holdings from a representative statistical sample of counties. More information on the statistics can be found below.

"This ownership statistic is a first, nobody had a good grasp till now of how much of the pie the average person still owned.", said McCartney Taylor, president of Black Bart Data Company. "This statistic of ownership means that Acquisition companies have a lot of opportunities out there.", said Taylor.

Founded in 1997, Black Bart Data Company has risen to be the largest provider of ownership data to the oil and gas industry. Black Bart Data proudly is flying the Jolly Roger at its office in Belize.

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