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markgovols

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markgovols

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Friday, 05/16/2008 10:37:18 AM

Friday, May 16, 2008 10:37:18 AM

Post# of 361729
****JDA UPDATE*****

Spoke with JDA source. Wanted to confirm what was said in the Addax May Investor Presenation about drilling in Q4 2008. Source said this was indeed true and that Addax has been in discussions about a rig of opportunity. Source said we should expect an announcement in Q3 on this. Addax will drill 3 wells back-to-back-to-back. Sinopec one well and Anadarko one well. Source just got back from San Francisco from meetings and said JDZ finally heating up again.

Onward and Upward.
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