Diversified Oil and Gas Holdings (DVFI)

[arch_oil]

Just spoke to Boyd. News will come next week in the East Texas LOI. Most likely before Thursday. I got a feeling one of the three options at least is a go. We are all hoping for the complete package here so we have access to rigs, equipment, and personel. I have the feeling we are not going to get this but at a minimum we will have shared interest in some of the wells being worked over and they have the rigs to do so. N2O and Hydrolostting will be used on these wells. Once the program gets started 2 wells per month can be completed. So bottom line if we have this plus Tubbs plus Grimes, we'll be looking at bringing 4 wells per month live.

and we still sit here at .021 Baffles me. We should be trading at least .10 now. At least.