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Re: None

Wednesday, 05/24/2006 10:34:39 AM

Wednesday, May 24, 2006 10:34:39 AM

Post# of 68381
Here is the reply I rec'd from the company. It appears that they rec'd many emails regarding the news yesterday as being insignificant.
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Same as I'm telling everyone:

What do you consider significant news? We have paid now and cannot lose
the deal. That's important. We will have whatever percentage of the
deals if we pay less than $1m.

There are more deals coming. More payments to announce or not announce,
maybe just a recap in the weeks ahead.

Production is at hand. We takeover Waggoner Estate on July 1, currently
producing 30 BOPD.

Abilene 2 is about finished. We get 2 wells of the # 2 thru #6 wells,
get to cherry pick the best two.

No news on Cambodia yet.