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Re: patchman post# 19168

Friday, 01/07/2011 9:51:58 PM

Friday, January 07, 2011 9:51:58 PM

Post# of 30337
When Ault called me, of course I asked about that stuff. He said it was settled and they are moving on. He also stated that he turned over things to Chris and as far as Capstone or whatever its called, it was still alive and kicking.

The cut in this is that I doubt a major oil company would hire Kepco. A major oil company probably would have their own crew. With the economy being in shambles, I am sure that Kepco would accept a percentage up front and take the balance after completion or even accept a percentage.

Dont know him from Adam but Michael said Chris was the smartest person he knew. He wouldnt go into details about Zlus because it could be concerned insider information. With the pr and a CEO with an extensive backgrond in the oil industry, I feel they have about a month to show positive results that show the amount of oil produced per day. One well is ready and they are searching for others. The next pr could say they have two wells producing.

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