Petroglobe Inc. PTGBF

RE: Palo Duro update

[dowd]

Eunice, your anal nitpicking is annoying and adds nothing to the discusion of Peteroglobe so this will be my last reply to you. Obviously, you are pissed at me for badmouthing Cliff Johnson who nearly put the compnay in Bankruptcy and was shown the door with Low. You are either connected or sympathize with them so you can't dicuss PGB in an unbiased way. and yes they should have had the partner agree to fund their portion of the pipleine before they went ahead and drilled wells and given the finances they should have left the gas stranded if the partner defaulted. That is why old management got dumped and we now have new management. Yes, the line is built, but IT IS NOT TIED IN. The processing facilities are not completed and the hot tap connection is not ready and it is not ready for commissioning. You can't sell gas until it is tied in. The company says they hoping for the late 3Q or early 4th. They also said it would be tied in long ago. How are you so sure when revenue will be recieved? Do you have non public information? And again does it really matter to the discussion if it is december 2007 or in early 2008 when I said 2008? The company can't pay its bills today which was my point. You are nitpicking. You fail to even acknowledge the current insolvency which is surprising for a wealthy "accredited investor" such as yourself who finances this company privately. If you are so on top of the situation please explain to the board how they are going to pay Halliburton for their current work and for fracing the other wells and for tieing in #76 let alone drilling another well in Palo Duro or Alberta for that matter? That is what is important here and you never even mention this in your posts. Your posts are only intended at anal nitpicking over minor points.