James Monroe Capital Corp (JMON)

[Kyoshi]

Today's corrected PR, added paragraph:

Currently the wells produce approximately .1 bbls/day, and our goal is to achieve production of at least 1 bbl/day after refurbishment and treatment of the wells. The Joint Venture is targeting the acquisition of about 1000 wells within the next 12 months and once all have been refurbished should be producing on average 30,000 bbls/month or at today's market prices of approximately $60.00/bbl, generate $1,800,000 per month. It will take time and money to build up to this level, but we are confident of achieving these targets.