Hi

 

We expect to award seismic over next 2-4 weeks

 

First hole is slated for drilling in the first half of 2011. 3-4 month hole

 

Carson

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This is the update I received when I made a shareholder request for information via email.  We should start to see some action within a few weeks.
 
We are adjacent to WZR and, connected very closely to VAST/Niko land.

News of successful hit from either WZR or VST will send us soaring within the next couple of months.

George Soros has until September 2011 to exercise additional warrants at 65 cents for 8.5 million shares and, insiders have similar warrants expiring in October 2011 for about 1.5 million shares.

The first drilling on company website states December 2010, I guess agent whom gave me response did not want to put a too tight deadline.   The drilling will be on proven oil where they estimate could hold to 600 million barrels of oil, 132 million barrels recoverable with a 50% chance.   There is a 10% chance of 6 billion barrels of oil.   They will test flowrate.

They are working on four separate drill sites per website, meaning 4x the chances of hitting, plus bonus of watching stock soar on any hit from VST and WZR.

At 23 cents per share, it is a steal.  A matter of time before the SOROS PR machine gets into action.

My prediction is that we can safely hit $ 2 per share on any positive results next door and, then soar much higher if we hit ourselves.

SOROS does not plunk down $ 5.7 million and insiders don't rush to buy $ 2.5 million worth of shares if they do not have evidence of oil.   Look at website, they have new photos.  Oil seeps clearly seen, they is also large tub where oil is stored as it is coming out of the ground.  I think we will be in for a massive hit, much safer here than at VST or WZR.  We must have an ocean of oil underneath the ground for it to come up so close to the surface.

Good Luck