news needed, page-21

"The really big oil potential within Gas2Grid is in France, where it has the St Griede exploration licence and has three petroleum exploration applications around it in the prolific Aquitaine Basin near Toulouse.

This is real elephant country for oil and gas and if one of the drill ready targets is productive, the leverage on Gas2Grid's share price would be very significant.

"

What have i been saying for the past 8-9 months?

Hang in til France, we are trying to grab as much land as possible. We just need Cebu to keep us alfloat, France will be the life changer. (imo)


As far as rigs and spreads go, where i am, spreads have been known to cost $900,000 ..... A DAY!!!!

I'm not suggesting we will derive anything remotely close to that lol, but there is certainly a potential for income. Personally, id rather see them turning on our own plots, but we need a few dollars in the bank for that to happen.

I'm tipping the next significant ann. will involve a farm out or partnership, -outside cash brought in one way or the other, its the only thing stopping us from moving forward.

edit: For me, of equal importance, is securing our application for more dirt in France. There is some competition, so if we do secure it, it will be a mighty effort by management.