Canadian Imperial Venture V.CQV.H

RE: Hubbie/Jasder - Newfiesee's photos

[osmosis]

Hubbie and Jasder, maybe I can explain what is happening. I spoke with Kirby this morning at the rural exhibition show in Gander. They ran into some problems with the casing which had to be repaired. This should be completed within the next day or two. The drilling was delayed due to this. It will take another 10-14 days to reach TD. He also confirmed that even the drill hands aren't aware of what they have hit so far. The only people who are aware are their engineers and so the tight hole status seems to be very tight indeed. I didn't get any other indications from him except that he seemed quite positive, and of course that was only just my impression. Steve Millan is speaking at Hotel Gander at 2 pm. I've got a friend who is attending so I'll get a report from him later today.