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MSEED

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Alias Born 04/25/2006

MSEED

Re: None

Thursday, 05/04/2006 8:27:06 PM

Thursday, May 04, 2006 8:27:06 PM

Post# of 353149
FPPL- 11 oil/gas leases secured. Start drilling dev. nearterm
Has 11 oil/gas leases in the strongest prime areas of NMexico and Colorado. Other peer co.s w/ only 1-3 leases and much less acreage available for drilling trading at 4-6 times greater @.04-.10. Only difference is these companies did PR's on 1-2 wells they have started. With summer near and the snow melt, FPPl ready to begin drilling program and development. Looking for PR out near term.

Chart looks good as well. Seeing low volume shortterm selloff and now later day bigger block buys at .0155

Good luck to all!
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