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Post# of 353140
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Alias Born 01/22/2005

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Wednesday, 02/22/2006 10:32:03 AM

Wednesday, February 22, 2006 10:32:03 AM

Post# of 353140
(TNOG:PK) announces that posting of a comprehensive Bastrop County Project report will be done imminently.

In response to requests from shareholders and in line with a previous announcement, we are adding an expanded, in-depth review of the recommended development plan for this project, similar to the one that was compiled for the Wilson County Project. We have also received expressions of interest from specialty service providers to work cooperatively with us in applying processes to stimulate and reactivate the existing well bores in this field.

Management has further been conducting ongoing discussions with several interested parties. We are pleased with the calibre of the offers that we have received. These have included a fresh injection of skills and funding into the Company. We look forward to reporting additional progress in this area soon.


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