* Diversified with major partners: Five giant projects, three optioned or farmed out to Major oil companies. * Huge exploration/development potential: Total recoverable (light) oil resource: 3+ Billion BOE or 30+ barrels per share. * Independently verified: Engineering studies by: Gustavson & Associates (Colorado), RPS Scott Pickford (London). * First rate auditors: Deloitte. * Turn-around story: Drilling of first project (1.2 billion barrels light oil in place) expected to start within 60 days. * Risks of that drill program: considered relatively low for exploration as all anticlines drilled in basin (over 40) to date have resulted in a discovery.