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Re: teddog1 post# 435

Wednesday, 04/20/2011 4:45:07 PM

Wednesday, April 20, 2011 4:45:07 PM

Post# of 17809
I called the company today and spoke to Dan, their director of operations. He was very upbeat about what they were doing. It's essentially a turnaround situation and they are getting re-capitalized and have some new advisors and board members..(Jim Biden...yes in the family of Joe Biden, Will Lott...yes relative of Trent Lott, Bill Sparks and others). Michael Krowder has joined the company out of retirement.... Former director of operations at Haliberton...They are focused on the Mississippi Horizontal Zone as well.

Dan actually knows some of the same people I know in Oklahoma... Very small world!! At any rate it was a great conversation and they will be releasing more press releases as they solidify some of the things like capitalization etc.. Dan said sighing the next 30-60 days... In the mean time, i'm loading up!

D

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