Montello Resources Ltd. (MLORF)

[FISH1031]

If PRPL plans on $510K over the next year on its part of the High Point project, That should be about $ 30K per well, at 5% of cost. It run about $400k -$600k per well to drill and complete each well. in Tennessee. We do not know the total cost for the wells so lets go with the higher number $ 600k. That would let 17 wells to be drill there, in the next year.

MEO cost if its going to put in there 15% would be three times this. As there PR of Mar 11,2008 Or $ 90 k for very well, to get 35 % of the well.

FISH