Well at least they are doing something. I'm sure everyone would prefer news on oil shipments, over updated websites and continued promises of listing in Europe and Canada, but hey, it is better than nothing.
Of course they did update this:
"...In late December 2011, the Company began shipping oil from its Well #42-20H on its New Miami Property in Montana. The Company encountered higher than expected levels of water from its first well, #42-20H, and significant changes have been ongoing since January. Well #42-20H now has a Halliburton “Super Pump” (patented pump GP4-17S0) on it, which specifically addresses the issues that caused some problems during completion as we are now able to handle high volumes of liquids and gas. The Company hopes to reslove this issue by late May 2012..."
So now they hope to have it straightened out by late this month?
And we have this:
"...The second well that is being drilled at New Miami had hit the horizontal phase of the drilling by late April 2012, and the Company’s operators and consultants reported that the pay zone is much greater than that in the first New Miami well pay zone..."
Of course we only own 10% of New Miami these days.