Tidelands Oil & Gas Corporation (TIDE)

[gtk1233]

I got this from CHA-CHING also Tidelands will amend its existing CRE pipeline permit by the end of the second quarter 2007 to provide for a gas transportation service to a central distribution point in Monterrey, Nuevo Leon. The amended permit is expected to be acted upon by the CRE during the fourth quarter of 2007
This filing is being done in response to commercial interest expressed by industrial customers in Monterrey. Terranova has received non-binding letters of intent for reservation of approximately 40% of the expected capacity on this pipeline and is continuing its efforts to provide a conduit for the transportation of gas reserves from Texas which are expected to be purchased by these industrial customers within 6-12 months......etc....the pipeline to Monterrey with a current estimated combined potential demand for storage of approximately 40 bcf for industrial and power generation customers.



cha-ching