LCOL-Strong Grow initiatives..
Date : Wednesday, August 15, 2007
CALGARY, AB -- (Market Wire - Aug 15, 2007) -- Lotta Coal, Inc. (PINKSHEETS: LCOL) (FRANKFURT: LC5) announced today that Chief Financial Officer Ron Evans, along with several other Company representatives met last week in High Level, Alberta with certain key representatives of Beaver First Nation, to carry out aerial surveying to map out its proposed pipeline route and drilling locations for this fall. "The participation of our Beaver First Nation partners in all aspects of our operations, from planning through to execution, is integral and is resulting in joint decisions that are optimal to all stakeholders," said Mr. Evans.
"The proposed pipeline will initially link the Company's eight existing wells, provide for its proposed fall and winter drilling programs, and will ultimately be an important part of the pipeline network for the Company's 164 wells projected for its current Boyer lands," said Company President Dr. Nicolas Matossian
