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Bloomberg Questions The Legitmacy Of Birdman's Oil Company

Bloomberg Questions The Legitmacy Of Birdman's Oil Company

Business rag Bloomberg has gotten in on the act of questioning whether or not Birdman's oil company, the hilariously named Bronald, is the real deal. Unsurprisingly, it seems like the company is 100% vision and 0% reality at this point:

 

As for what Bronald is doing in the oil and natural-gas business, the Williams brothers declined through their publicist, Kia Selby, to comment. Selby said she was unable to provide information about the oil company. Bronald doesn’t have a listed telephone number. Numbers for residences in New Orleans and Florida that are linked to Bronald in state records don’t take incoming calls.

Bryan and Ronald Williams are the only people listed under the management and director headings on Bronald’s Web site. Under “technical staff,” the site says “to come.”

Bronald describes itself on the site as an independent oil and gas company focused on exploration and development of assets in several U.S. Gulf Coast states and Oklahoma’s Osage County.

The story goes on to say that said county in Oklahoma is pretty much locked down by a different company who has no plans on dealing with Bronald. I guess the implied tone of the story is that the company is a front, since they don't actually have permits to drill or be listed as a drilling company, but they also say that Birdman probably has more than enough money to start a venture in the oil business. For more detailed business jargon, etc., go here.

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Kudos to Bloomberg. Cool story.

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