PetroKamchatka PLC V.PKP

Current from PKP . . .Best GOLONG

[Golongagain]

Thanks for your email. We have justcompleted our technical committee meeting with our partner KNOC/KKPL. Giventhat the plans discussed have not yet been formally approved by KNOC/KKPL andthe board of PKP, I am not in a position to further elaborate. However, I cansay that the Company is planning to drill a third exploration well in 2011. Weare also continuing to progress the selling of the HighKelly drilling rig togenerate the funds necessary to carry the Company through the drilling of thisthird well. We will send out a press release in regards to our operationalplans in the near future. In the meantime, we will be releasing our 3rdQ financial statements and MD&A in the coming days.

Thank you for interest and support in theCompany. We definitely hope that the third time is the charm. Please feel freeto contact me if you have any further questions.

Best regards,


CalvinBrackman
PetroKamchatkaPlc
VicePresident, Corporate Planning
1000, 505 - 3rd Street SW
Calgary, Alberta , Canada
T2P 3E6
Business+1 403 - 247-0005
Direct:[phone]
Fax:[phone]
Cell: [phone]
Email:[e-mail]

[ablekaak]

thanks for sharing.. cheers