Diamond A Energy (fka DAECE)

[photonwav]

OT...for our friends....


those of you following the z1 well.....

one of the partners
fgd had its shareholder meeting (AGM) and passed the rollback of 16/1 shares (reverse split) approved......

First Goldwater Resources Inc - News Release
Shares issued 15,278,186 Sep 25 2002 close $ 0.03
Wednesday September 25 2002 News Release

Mr. Conrad Clemiss reports ...."
....."In other corporate news, all resolutions including the special resolution were passed at the annual general meeting held in Vancouver on Friday, Sept. 20, 2002"......

ygf as i reported earlier is doing the same thing AND changing name.....only now they have ANNULED the original filing and sent out another proxy with less time to respond!


comment:
their way......

and our way.....
http://www.diamondaenergy.com/project__1.htm
http://www.diamondaenergy.com/drill_cam.htm

and from out project 1 page;
http://www.diamondaenergy.com/project__1.htm
CRUDE OIL


Production


Price
Per Month
Per Year

20 bbl/d
$26.00
$273.00
$3,276.00

25 bbl/d
$26.00
$341.25
$4,095.00

30 bbl/d
$26.00
$409.50
$4,914.00

35 bbl/d
$26.00
$477.75
$5,733.00

40 bbl/d
$26.00
$546.00
$6,552.00

45 bbl/d
$26.00
$614.25
$7,371.00

50 bbl/d
$26.00
$682.50
$8,190.00

55 bbl/d
$26.00
$750.75
$9,009.00

60 bbl/d
$26.00
$819.00
$9,828.00

65 bbl/d
$26.00
$887.25
$10,647.00

70 bbl/d
$26.00
$955.50
$11,466.00




These figures represent the anticipated return to the investor for each 5% working interest. These projections are taken from wells adjacent to our lease and are not to infer we will obtain similar results if any.