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hermit908

09/29/09 9:03 AM

#26323 RE: rxgator #26322

The co. stated in their last press release that one of the rigs is in Montana: "NAEG already has the necessary permits, as well as bonds posted for the Kircher Pilot in Alaska, and recently filed for other drilling permits in Montana. Once funding is achieved, the Company intends to immediately begin development in Montana and Alaska. The company expects to sub-contract a drilling rig for its development in Alaska including the services of many vendors and service providers it has already established relationships with in the region. The Wilson 35 workover rig remains in Montana standing by for the Company's well rework program, post funding."