Biocentric Energy Holdings, Inc. (BEHL)

[TradingCharts]

I would like to know why you think producing a barrel for $39 is competitive against a country that can produce a barrel of oil for far less a barrel?....The world's cheapest oil to extract comes from Saudi Arabia and costs $2 a barrel. But that oil, over 8 million barrels a day, is pumped mostly by the Saudi national oil company and is largely off-limits to Western oil firms.

For Western firms, it can cost as little as $5 to $7 a barrel to pump the most easily accessible oil from places like Venezuela or Azerbaijan, said Fadel Gheit, a senior energy analyst at Oppenheimer.
http://www.africanoiljournal.com/11-09-2007_oil_prices.htm So tell me how BEHL can compete?