Pilgrim Petroleum Corp. (PGPM)

[PGPM_COO]

Ok N**** making me post on an unofficially recognized public disclosure medium. F*** it! Statements forward looking and speculative.

What can you tell us about the City National Bank Discovery Well Package?

Pinnacle reef target with no sufficient cashflow for appropriate geoscience. Stay tuned.

When did this develop?

When I woke up to the fact that the cost of making 100bbl per day from 1 Well was less of a hassle then making 1bbl per day form a 100 wells.

Why wasn't there a PR since noted on the website?

Because PR's and a dedicated promotional campaign cost heavy cash, hence the need for cashflow.

Who will be the Professional Petroleum Engineers and Geologists?

We have expertise in house and local expertise but it all costs cashflow.

Is this a partnering project?

Maybe. Depends if Pilgrim can raise the money (through services) or if Pilgrim has to go to an outside capital source to jump start things.

What is PGPM's stake or control?

I won't give away more than 50% WI.

When will there be expected results of professional reports?

Whenever I get around to it! It sucks for the Misfits! Enjoy the ride!

Where can we find reports or permit applications pertaining to this event, and/or when?

Pilgrim needs Geoscience first and then permits.

Why was this considered a pick/choice to endeavor????

See above. Engineers identified the Pinnacle targets, I'm just trying to mitigate risk.

Looks like something is moving forward, just the stock holders need info to keep informed!

No S***! I'm halfway thinking of signaling the shareholders with a public wire stating "Misfits Unite!!!" when PGPM is ready to move. Not sure of legalities given the above scenario.