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copleybmt

04/10/08 12:42 PM

#14630 RE: the cork #14629

REX's company works older wells and puts them back into production. This is much different than drilling a new well. Still a valuable asset to ALRY.

These new chemicals that are used to increase oil flow and reduce processing costs are huge for the bottom line.

Larry needs to continue producing oil,natural gas and revenues, then update financials and finally pay someone to promote this stock!

ALRY needs eyes on the stock create MOMO. Current shareholders are already loaded to the gills.

nuggetman

04/10/08 12:59 PM

#14631 RE: the cork #14629

Greetings Cork,

No drilling rig, only pulling units. So far we have servicing capabilities only.

When we buy leases with "mature wells", that usually means they need working over to put them back into production.

The arrangement with Donlin is to test and determine the best Chemical treatment. The proper chemical is selected and then circulated to disolve parafins and "open up" the system so oil will flow again. I do not know the financial arrangement but suspect we pay for their services just as RHWS clients pay us for services provided.

..................Jess