JED OIL Inc (JDO)

[stocksablaze]

put in an email and call yesterday to JDO IR. Heard back today-->
Marcia Johnston to me
show details 10:40 AM (3 hours ago) Reply

Hello Chris,

Thank you for your interest in JED Oil.

With respect to proven reserves, information at December 31, 2007 is available to the public on the Canadian electronic disclosure system: www.sedar.com. If you are not familiar with SEDAR, select “Company Profiles” and you will get an alphabet; select “J”; under the J’s select “JED Oil Inc.”, and then select “View this Company’s Public Documents” and you will see all of JED’s public filings. The reserve report information is included in the document called “Annual Information Form” filed March 31, 2008. If you are more familiar with EDGAR in the US, everything filed on SEDAR is also filed on EDGAR under cover of a Form 6-K. We have not made any public expectations for EOY, and as I’m sure you know, we cannot make selective disclosure to individuals that hasn’t been released to the public.

With respect to the financing, it has been a very frustrating process. The delays have been caused by the bank deciding at the last minute that they need more or updated information, which has caused them to not get the credit facility to the credit committee in time to meet the various deadlines. However after a conference call yesterday with the bank and their lawyers, we understand that we are on track for closing on June 3rd.

Regards,

Marcia L. Johnston, Q.C.
Vice-President, Legal & Corporate Affairs
JED Oil Inc.
403-335-2105
[e-mail]