BPI Chairman and Chief Executive Officer James G. Azlein stated: "We look forward to meeting or exceeding all reporting requirements in our effort to disclose material information in a manner that is as accurate and timely as possible. BPI's periodic and interim SEC filings provide another opportunity for us to communicate our execution strategies and business objectives.
"We continue to seek additional acreage and mineral rights; however, our drilling and production operations are growing and have become increasingly important. One of our primary goals during 2006 will be transitioning from a company focused primarily on the acquisition of mineral rights to a company focused on drilling for and producing CBM (coal bed methane)." He added, "This transition will take time to attract and build the right team to help us maximize the value of the assets we have assembled.
btw, watch mm PAC, he's an incessant seller in BPG
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