Petroglobe Inc. PTGBF

RE: From Pearl

[24~Karat]

From the Dictionary, here is the Definition of INEPT “ Displaying a lack of judgment, sense, or reason; foolish: an inept remark. “ Bungling or clumsy; incompetent” This definition exactly fits the commentary provided today (highlighted in bold) by 30% partner Pearl Exploration in describing the results of the McIntosh well: “The absolute open flow rate of the well measured 3,316 thousand cubic feet per day and approximately 150 barrels of condensate per million cubic feet of gas, suggesting that a significant economic risk factor for the basin remains the expected ultimate recovery volume per well rather than initial well productivity” Duh, really? The incompetent writer who composed this text chose( inexplicably!) to speak darkly of some nebulous “economic risk factor for the basin” that actually doesn’t exist, or if it DOES exist, exists for EVERY BASIN THAT IS DRLLED ANYWHERE ON EARTH. Shame on Pearl Exploration. Please fire this nitwit in your PR department.