Diversified Oil and Gas Holdings (DVFI)

[Imperial Whazoo]

Well, check this out as a way to begin the new year...

http://yahoo.reuters.com/news/articlehybrid.aspx?storyID=urn:newsml:reuters.com:20070103:MTFH44787_2...

Now I know that the company is not our Royal, but we have been waiting for news out of Grimes and ROYL is (was) one of the major property owners/operators in the Sacramento Valley area. Check this link to confirm:
http://www.aspenexploration.com/HarvestingTheSacramento.pdf

The reason this is important is that waverider has repeatedly reported that we should consider our interests in Grimes as a past issue. And, some (I can't really remember who began it although I fully subcribed to the notion myself long ago & would have been willing to advocate it publicly if there ever had been any "evidence" to buttress my feelings so I didn't go too far out on a limb asserting it) said that Hydroslotter is on a path to become a direct player out there rather than operating thru Skip's little company.

So, the thing that may be unfolding, although the news release from ROYL today does not specifically say, is that this sale might represent the evidence that Hydroslotter is actually directly becoming a player out there and I suggest that folks get on this today to do DD to see if what is happening is that Hydroslotter has bought ROYLs wells & (as yet unannounced) BIGNs interests. And, if this is the case, this might be the"evudence" that begins to frame the assertion that the East Texas/Louisiana deal is to be debt free (ie: a sale of assets to finance the LOII/deal).

Also, if this is the case, it further suggests a PR from one/several/all of our entities is just around the corner.

Oh, and by the way, happy new year everybody!

Imperial Whazoo