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mom2jbk

03/02/08 4:43 PM

#38413 RE: contractor10940 #38412

I agree with you in one respect. I am outraged in how we have been treated and how this was executed, especially the RS scam. I, and many others, have lost a great deal of money the last 2 years, both paper and real.

On the other hand, I feel your excitment. I still see incredible opportunity here and I am expecting to make a lot of money. I have said this many time, this guy is holding back, manipulating things to cover up for mismanagement, the SEC investigation strain, and especially for, the RS approval. The RS would not have passed any other way, especially if things were going well.

IMO, he has had this thoroughbred doing third rate carnival rides.

It is time to let this pony run! Once he got his new pretty dress, with 10,500,000 shares in the hem, we can now have CB's "coming out party."

CB, I worked with people like you all may life, as the CEO and founder and with VC's in structuring financing. The key is in the CEO/people maintaining INTEGRITY, through the storm of a company's execution. CB, show me wrong, in saying that the "I" word has been thrown out the window in favor of the G word, as in "GREED." I too have seen this. It is amazing how a feeding frenzy results when we see blood. I am betting that Barnett properties are "a needle is a haystack" kind of prize.

CB, these are the exact words you used, in late 2005, when I visited you to review investing in AENP. That is what the 3D seismic study showed you and you were to prove with the MN #1 rework and the Padgett drillings. Oh, what do you mean we don't have the numbers on these three wells, yet, two years after we starting drilling? Are you kidding me?

Oh, I get it CB, I will keep a secret.

CB, let the pony run!
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ctb

03/02/08 6:18 PM

#38416 RE: contractor10940 #38412

Sounds great contractor. But what you "see" is hearsay you've picked up via "back room" channels.

As far as AENP's public record is concerned (PRs and verifiable oil & gas numbers), as of now, there are mostly unanswered questions, unfulfilled promises, and aside from the Nash Murphy completion, precious few follow-ups.

The 2 main issues (IMO) we face with AENP appear to be 1) operational shortcomings and 2) transparency issues due to their official silence.

Bringing up BDC-era or SEC review-era issues, at this late date, to explain or "contextualize" the current situation, is too much of a stretch for me. The only issues I am concerned with are oilfield operations and shareholder relations.