Premium Energy Corp. (PPTL)

[A44975]

Tatter: I have been trying off and on for past few months. I either get a buzy signal or his voice mail box. He does not return calls. You just got to keep on trying. I last spoke to Bruce in either Oct or Nov. I got the impression he didn't really want to talk to me because he was buzy with some other business he was working on. When last spoke he was tying in the two operational gas wells to a near by gas pipe line. This should be tied in between April and May (this info I got from him). He is suppose to be trying to get a loan for 5 Million dollars (but this has been going on for about 1 1/2 years now, before the economy went belly up). He said we have alot of assets with sand oil (enough to have as many as 80 wells). But with no money no wells. Also some of these assets are leased properties (Greg know more about these leases than I do). However Leased property have an end date. If nothing is done, we don't get anything.

If you do get to speak to him, please share your questions and answers to us. Were all in this together!