Plateau Mineral Development, Inc. (PMDP)

[leftylen]

According to Mr. Hansen, "We have been successful in locating studies conducted by Universities in Texas, Oklahoma, Missouri, Kansas and Colorado in the past few years of logs and salient data. These studies show that many fields have 70% or more of the original oil in place, but due to specific API gravity or other 'lifting' conditions, are uneconomical to recover at the present time."

Plateau's President, Bill Strange states, "The solvent has been shown to be cost effective to reduce the cost of lifting 'heavy oil' by an amount of at least $20 plus per barrel. We are ready to roll forward to capitalize on the opportunities before us."