Empire Energy Corporation Intl. (fka EEGC)

[Howardhaftel]

There has been material changes since those Press Releases were made.
For example the rights offering was extended to April 12th and it was felt only fair to give the opportunity to the existing share holders to participate in the purchase of additional shares. Although the price is below the offering price as of now that could change and a more attractive price would give the shareholder an advantage and incentive to buy. It add an additional 30 days to the April 12th date. A lot could happen by that date.
Also a brand new drill rig that is capable of drilling to 15,000 feet well beyond the Hunt rig #3s capability. There are also other advantages of owning a rig of the type.
In the future additional PRs will make the public aware of the great strides the company is making as we approach the drilling of the first well at Bellevue.
In addition the personal line of credit of $50 million is personal and not company money. How he intends to use the money is his business only