Timeless Capital Corp V.TLC

RE: Anglo Canadian Oil Corp. Operations Update

[sebastian2]

Sounds like they have a good plan to go foreward.  They indicate that two wells will be started in Bakken+Mennville and 2-3 in Nordegg.  So far we are only two wells short of the Summer-Fall 2011 budget discklosed in their presentation:

Drill, Complete and Equip $$

3 x Nordegg Hzntl 8.5MM

2 x Bakken Vert 1.0MM

2 x Bakken Hzntl 1.5MM

Land 1.3MM

Seismic 0.7MM

Total $13.0MM