E-mail from Marc on Private Placement.From Marc working late:
"I believe that at this time that the private placement is already
pretty much subscribed for and we will be likely closing it shortly and
you can expect things to definitely move forward positively after it has
been closed. I have a definite plan to move both our conventional oil
and gas and oil shale programs moving forward over the next several
months and expect that everyone will be pleased with the results
especially with some of the exciting plans that are beginning to unfold
on our oil shale project over the next year. I will call you tomorrow
and give you an update on activities."