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Wednesday, 01/14/2009 2:54:28 PM

Wednesday, January 14, 2009 2:54:28 PM

Post# of 28061
Visited with the head of Illiana Energy today.They were the company overseeing the Leka well and the Gephard Farms well.He meant Tony and Calvin but not Tom,Geosurveys wanted someone in state that was already bonded and licensed to get well started so they didn't have to jump threw all the hoops.He got the driller and made sure the bills got paid ect.He didn't know anything about PIP and the best well around was only producing 100bbls a day.Thats would only be 5 gross to EDEX.The price per barrel he told me was $29.Also things have really slowed down,some of this is seasonal.The wells and formations were dry as we all know.Not much info,but had a nice visit and was told if I needed any info on wells in Illinios to contact him.Also put GORO on my watch list,and when MVG gets a higher buyout bid for their silver mine which I expect soon in the $6 range may buy.

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