RE: NEWS - Pincher CreekNice land package in a prolific producing area. This helps to "round us off", as he stated in his e-mail to me.
"Goldnev will also plan to complete some more
acquisition in 2008 and focus on developing or acquiring an oil property
since I want a good oil production deal in the company to round us off and
provide further cash flow. The production goal for oil and gas is a
minimum of 1,000 barrels/day by the end of the year so we are very ambitious
and will likely be requiring to raise the necessary funds throughout
the year to support all three programs."
Securing property as oil and gas prices are strong, it works for me. rich47.