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redinvest

11/23/11 9:36 AM

#15 RE: McBeanburger #14

McB,

So true.

Red

redinvest

11/23/11 3:56 PM

#16 RE: McBeanburger #14

McB - I am sure you've seen this, but others haven't.

" Marauder Resources East Coast Inc. Announces Execution of Memoranda ofUnderstanding

CALGARY, ALBERTA--(Marketwire - Nov. 23, 2011) - MarauderResources East Coast Inc. (the "Company") (TSX VENTURE:MES) is pleased to announce that, further to its press release of October 21, 2011, the Company continues to explore business activities relating to two Memoranda Of Understanding concerning three highly-prospective oil exploration blocks in theSomali state of Puntland (the "State"), totalling approximately 60,000 km2. The first Memorandum Of Understanding (the "Offshore Memorandum") concerns two offshore oil exploration blocks, while the second Memorandum Of Understanding (the "Onshore Memorandum") concerns an onshore block.



Prompted by an increase in the volume of trading and price of the Company's common shares, theCompany clarifies that the transactions contemplated by the Offshore Memorandum and Onshore Memorandum are subject to certain independent conditions and approvals, including the execution of separate Production Sharing Agreements with the State pursuant to each Memorandum Of Understanding. The Company is in discussions with the State in relation to the negotiation of the Production Sharing Agreements pursuant to both the Offshore Memorandum and Onshore Memorandum. At the current time, there is no assurance that the transactions contemplated by the Offshore Memorandum and/or the Onshore Memorandum will becompleted. "

Red