Diversified Oil and Gas Holdings (DVFI)

[shermann7]

We are progressing just as planned!!!

Grimes has finished 2 out of 180 capped wells, and we are currently profitable!!! The sky is the limit here. We know the Grimes wells were all producers, and we have the geologicals. It costs 150,000 to slot a well and we will always hit!!! It is better than having to drill at 750,000 and maybe getting a low producer, or a dry well. The first grimes well was a test well and only slotted 10 feet. The second well was slotted 150 feet and is producing 1450 MCFD!!! We can expect similar results from all of the other wells. I am expecting a PR over the next month buying or leasing rework equipment to allow faster production of Grimes.

We have much more going for us, but the 180 Grimes wells are the short term profit makers!!!

Shermann