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jonesieatl

08/11/08 12:19 PM

#4328 RE: jonesieatl #4327

Increase in oil and gas revenues YTD 2008:

"Oil and gas revenues in the second quarter of 2008 included approximately $1.25 million from the sale of oil and gas"

This compares very favorably with 1Q08 at which time TIV said:

"Oil and gas revenues in the first quarter of 2008 included approximately $382,000 from the sale of oil and gas"

That means gross revenues from the sale of oil and gas grew by approx. $868,000 in 2Q08 vs 1Q08 , almost $300K per month.

jonesie