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10/17/12 12:41 PM

#12252 RE: Jimski #12249

PEC.v article is erroneous...

It was written by a real estate developer and blogger. He seems to have based his article on a Reuters article stating:

We hope to produce 8,000 barrels of oil equivalent per day in five years," Mohave's Portugal director Arlindo Alves told Reuters.

Read more at

http://www.stockhouse.com/bullboards/messagedetail.aspx?p=0&m=31666868&l=0&r=0&s=pec&t=LIST#FYd3E7g0bL7QSfH6.99