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Ed Monton

05/27/09 8:20 AM

#5004 RE: cartonet #5003

Up 11% in London on the news.

cl001

05/27/09 8:40 AM

#5005 RE: cartonet #5003

IAE.v, Nice! This little company is producing 7850 bpd net from the north sea. The annual rev should be around 200 million CAD and cashflow 100 million CAD at 60 dollar oil, assuming 50% net. Nice for a small 110-120 million market cap company with little debt.