Diversified Oil and Gas Holdings (DVFI)

[futrcash]

Update on Grimes trip....
First allow me to explain a point I just had explained to me by Hydroslotter ceo Skip Taylor.
An important point misconstrued by everyone,including myself.
It was just now explained to me that when BIGN,or Hydroslotter uses the term``slotting` in their press releases,the term is used rather loosely,and does not necessarily mean Schlumberger is on site yet.
It simply refers to any activity related to the activity of rewoking a well employing Hydroslotter technology,wether it be preparing the pad,preparing the wellbore,or the actual act of Hydroslotting the productive horizon,or horizons with the proprietary Hydroslotter technology.

I apologize if I caused any confusion with respect to expecting Schlumbrger to be on site when the company publicly states they're slotting.

That being said,Skip's in the Grimes area,and I'll be staying in his house there over this coming weekend!
Will definitely be updating the board next week!
Am hearing VERY Upbeat expectations concerning the future of the BIGN/Hydroslotter JV!!!

futrcash