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Alias Born 05/11/2010

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Wednesday, 12/01/2010 4:40:16 PM

Wednesday, December 01, 2010 4:40:16 PM

Post# of 555
Management Discussion and Analysis out now on Sedar. Some good information on recent developments, and you can really see the direction that the company is heading (the exploration and production of heavy oil). Looks like SonoAsh made some good progress as well. A couple of slightly worrisome things IMO, with regards to some of their partners not meeting specified obligations (EIG and their Albanian JV partners). However the company does expect to fully re-coop those.
Looks like JV results are now expected early 2011...due to some issues with power at their JV facility. Other than that they look like they are on track and the company is moving forward nicely.


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