Oil and Gas Plays

[Dallastock]

PRVB Continues to Look Strong !!!!!!

Just got off the phone with IR......UPDATE on Powder River is very very positive and great news !!

Key points were:

1) A significant portion of the 7 Million in Accounts Receivable outstanding at the end of the 3rd Quarter has now come in during Oct and Nov

2) Of that, nearly 2 Million of monies collected is related to Oil & Gas Sales

3) PRVB will be reporting on the remaining wells in the Goliad field shortly

4) The Company will try to report 4Q and Year End numbers as early as possible, anticipated between mid to late Jan

I continue to be very impressed with Powder River and I'm there for the Long Term too.