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geoscience2

10/15/08 5:03 PM

#4499 RE: my evil twin #4498

We all realize the PR's are always full of a lot of "safe harbor" language and certain phrases like production "capacity" instead of actual production and of course using short term (5 minute?) test rates extrapolated to daily rates, etc, which is meaningless. I guess the non-oil biz experienced reader would think its real but us experienced oil men don't give those PR's much credence and always look for third party regulatory reports for the actual real numbers. In the past, most of readers would "believe" the numbers, or read into them too much, and buy this stock after those PR's but it is very obvious the masses have caught on, or wised up, unfortunately for us long investors who are looking for a bump up...caused by anything (even a juicy rumor).

You may want to call the DOG in Ventura at (805) 654-4761 to see if TIV has any Oxnard oil field wells (Zaca wells) held confidential, or not. Lynn sure thinks they are.

I would say some changes are dearly needed and FAST! Maybe that will help the stock. Otherwise, it looks like longs lost many $10's of millions betting on this one. What a shame!

Geo

jonesieatl

10/15/08 9:07 PM

#4502 RE: my evil twin #4498

The Oxnard wells ...

... as well as the Moffat well(s?) which are supposedly 'confidential' all appeared with production quantities on DOGGR's ftp site with June numbers.

We're waiting to see July numbers on the ftp site , and to see August numbers on DOGGR's OPI site. The OPI site doesn't show the 'confidential' wells.

DOGGR told me via email that they HAVE to show ALL production somewhere , and they show it on their ftp site. They don't show individual wells , just the field totals , but in the case of Oxnard the Pleasant Valley wells are all there is so it's clear as to what their total production was in May and June.

Hope this helps.

jonesie