PGI Energy, Inc. (PGIE)

[amschip]

Hello again.
Thanks for your earlier email. Much appreciated.
Would you be able to shed some light on the below piece of news? Has this any impact on current JV?
http://standardoilcompanyusa.com/Texas%20Development.html

Also any production estimates for the 3 wells you reworked already?
Best regards


Anthony Maye to me

It has been quite a while since we have had a discussion with Standard Oil, maybe a year ago. They signed a LOI and agreed to a deal with us. But were unable to finalize any of it. There was no deal finalized with them even though it is still on their website.



We have not been in contact with them in the past year I believe.



We have some very strong production numbers better than anticipated, we will release them through PGIE’s as soon as they give consent.



THANKS



Anthony Maye