Eldorado Exploration Inc (fka EDEP)

[wildcatter]

Gentlemen and Ladies, if any are present. I have an expected date for drilling to commence in Illinois. We should look for a start near the 12th of Dec if the creeks don't rise and the cows come home. A few more items about some of the previous posts about EDEX's future. Yes, we have a lot of shares out but there is no plans for a reverse split until it can be justified by assets that support any new price. Any success in our efforts will make it easier to drill more and perhaps get a bigger piece of the future wells. Nothing breeds success like success so if we can get started in the right direction we can get on a roll and build assets as we go. This has taken EDEX down some bumpy roads but we are still here and will be for a while longer. The lower prices for oil will last for a while but if we find oil now its only going to get better next year. First, find it and then worry about the price. There are more wells to drill and partners waiting on Illinois to decide to go more or go home. I want more. The latest tally on PIP results on are 9 right out of 10 with our well in Illinois being the wrong one. Nine wells were surveyed on other operators prospects and the PIP showed 3 dry and 6 with oil and were correct. The only explanation that we can come up with for our well is the oil must be deeper than we drilled (3000ft). Other than that we just don't have any other answer. I always try to take any calls or return them so if there are further questions I will try to answer them.