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Craig Limbaugh's Fundraiser:

Alliant Rebuild

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BENEFITING:

Craig Limbaugh

THE STORY:

Alliant Geophysical helped Pioneer Natural Resources discover a new field of oil reserves estimated over 300 million barrels of oil offshore Gabon Africa. This field was sold by Pioneer to Canadian Natural Resources and is currently being developed. Alliant was paid less than $1MM for these services a fee that was gladly paid and accepted for their effort. The founders of Alliant was offered a tentative buy out in 2003 but was never able to realize the deal due to an ensuing divorce manifested by a retired Shell Executive.

The company was targeted by this retired Shell Oil Company executive and literally run out of business by use of deception and malicious trade and business tactics. The discovery is listed as the Marin-1 oil discovery and is called the Olowi Oil field. Shell Oil Company sat on this opportunity for over 25 years before the Government of Gabon opened the oil leases for auction and Pioneer Nat'l Resources being the highest bidder. In June 2001 Pioneer made an announcement of the discovery and their stock rose 13% on that day. The country of Gabon has enjoyed billions of dollars of income to feed, provide shelter and medical services to an otherwise depraved, starving and suffering country.

This once financially savvy entrepreneur that started Alliant is attempting to re-establish the organization and is requesting funds to do so.

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Craig is working on selecting a charity so you can support Alliant Rebuild.