Jim Britton has an 86% success rate in drilling Mr. Jim Britton has drilled 430 commercial oil and gas wells As Pennant's Head of Exploration he has chosen our next well Pennant will be drilling a deep offset well in 3 weeks time 3D seismic is done and offset property did 600 Barrels a day Only 12.5 million shares outstanding Pennant farmed out 50% to be carried to production No Debt and stable cash flow from production Closed at: $0.34 -- Jan 30, 2007 TSX Venture Symbol - PEN