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Bobwins

05/02/05 2:45 PM

#3 RE: CrocHntr #2

CrocHntr re mgmt. Well the good thing about Diaz that is a good sign is that they are already cashflow and profit positive. So compared to Egsr.ob, they have already progressed a long ways. Also they have substantial production at 1400-1500bpd that is going to generate good numbers. I also like the split US/Canadian production. Doesn't make them as attractive for Trust Fund acquisition down the road but still like the geographic diversity.

I haven't called mgmt yet. I need to contact several of my little Canadian juniors so it's on the list. The thing about Diaz is that they are going to be moving up the food chain pretty quick. If those three Harmattan wells during the next 90 days hit, we could have a tiger by the tail. Let's hope. Bobwins