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texas4286

10/29/07 2:52 PM

#24395 RE: Paracelsus777 #24393

Paracelsus, reading between the lines of lowman's post #24165:

"Per the TA: I am still trying to work with Keith on this. It is a delicate situation though, since some shareholders like to sensationalize a growing o/s, even if Keith is quietly acquiring the whole northern slope of Alaska, without telling them first."

I suspect that Anderson has been quietly expanding the O/S using the shares to purchase additional leases. If I had to guess, I'd put the float as being closer to 30M rather than to 20M, but I am only guessing.

Hopefully, lowman will come onto the board and clarify his post. Better yet, perhaps Anderson will address the issue when he PR's production numbers.