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MSEED

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Alias Born 04/25/2006

MSEED

Re: None

Thursday, 05/04/2006 8:06:51 PM

Thursday, May 04, 2006 8:06:51 PM

Post# of 383160
FPPL- 11 oil/gas leases. Ready start drilling prog. shortly
w/11 leases in the strongest areas of Colorado/NMexico, this company ready. Other peer co.s w/only 1-3 leases and much less acreage trading at 4-6 times greater @ .04-.10. Only difference is these companies did PR's about 1 well or 2 being started. With summer near, the snow melt will allow FPPL to proceed with drilling program and development. Looking for PR out nearterm.

11 oil/gas leases is huge.
Plus chart setting up nicely as well, with low volume sell off and then late day bigger block buys at .0155

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