Empire Energy Corporation Intl. (fka EEGC)

[BobSinCA]

Good work martinm in getting the response.

The key phrase would appear to be:

(we) are confident that the first oil and gas well will be drilled in a few months.

This is certainly much more 'subdued' than recent PRs, which 'anticipated' November drilling, and resurrects concerns as to whether a well will be drilled prior to lease expiration in May, less than six months away.

One has to conclude that the recent financing trip did not achieve the immediate results anticipated in the October 26 PR, for example the $20M LOC 'within 14 days.'

Good to know that the company intends a PR in the near future to be more specific, hopefully including information on financing as well as the as yet unfiled GMH acquisition.