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Re: TopHat post# 22412

Thursday, 09/27/2007 9:02:28 PM

Thursday, September 27, 2007 9:02:28 PM

Post# of 28061
TopHat, EDEX official News Release: "The company has AGREED to participate in the drilling of 13 more Lodgepole Wells in ND with a 33% working interest in ALL 13 Wells." No mention of financial obligations or commitments associated with the 33% working interest. No mention of free ride. "Free Ride" is now old and obsolete news, and apparently is no longer valid.

ND Well pumping in December? Not according to Tom. He said the "well should be DONE by the end of the year." DONE in no way means pumping Oil and Gas, or generating revenue. Take note that Tom clearly stated that concrete pads have to be completed, OIL TANKS need to be brought in, lines installed, electrical put in place. Nothing in Tom's email today made as much as a passing reference to OIL PUMPING by the end of the year.

Your scheduling conclusion is pure fantasy.

Also, any reference to "investment capital" jumping on board upon completion is currently absolute conjecture.





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