Questions and answers from Bob PincombeQuestions and answers from Bob Pincombe
1.In your presentation, what do you mean by:
•central Alberta reef attic oil
•southern Alberta structural plays
This is the first I have heard about these – are you pursuing them, and can we expect a news release soon?
A: The company is actively pursuing land and seismic acquisitions in certain areas of Alberta, so will not be making any announcements in this regard until land dealings are finalized.
2. In your presentation, you do not mention Saskatchewan at all, does this mean you or your partners have given up on Minard and Fosterton?
(if Fosterton is only producing 9 bbls a day, I can’t blame you)
A. Production is ongoing in Fosterton and negotiations are ongoing with regard to Menard.
3. Are you and/or Propel still pursuing repayment of the Metis deposit?
A. We are still in negotiations re the Metis deal.
4. Are you planning further exploration of the Clear Creek project this year?
A. No work is planned on the Clear Creek property this year, however the claims are in good standing and the company has no commitments on them.
Last but not least - When can we expect to hear some news???
A. We should be able to put out some news in the near future.
We thank you for your interest,
Best regards,
Bob Pincombe