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Re: None

Friday, 11/05/2010 12:48:41 AM

Friday, November 05, 2010 12:48:41 AM

Post# of 108
From another board

I actually think that NXY or OPTI will issue a PR in early December,detailing something like:

Dec 15th 2010

"The Long Lake project has achieved, and sustained Field Break-Even Production levels of 33,000 bpd for the past 4 consecutive weeks. The current Production numbers are reasonably higher than the Field Break-even mark, and due to the Rising value of Crude OIL, and steady production increases, we believe that the JV project will continue to operate with an increasing Net "Field Profit" for the remainder of 2010, and throughout 2011.

This is a major turning point in the Long Lake Project, as both companies are finally realizing both the sustained production growth, and overall maturity, that has been anticipated from the project throughout the past several months.

This marks a major Milestone in the Commerical viability of the Long Lake project moving Forward, and demonstrates the overall value of our proprietary OrCrude™ technology, and the potential of our vast 40-year reserves in the Athabasca oil sands region."



'THE VAN'