spoke to company

I sent an email to company today and they called me a few minutes ago, feel better know after speaking to someone-believe it was Tony I spoke too..

He basically said things have been slow the past few months due to many variables including permits, lease access,,,,regularory stuff...They are working on getting the wells running and they will give us an update after june 30...Seems like after the BP incident things in the Gulf are taking longer to get authorized/approved, this has slowed them down too...

Overall I never got too much details but we have the funds to continue growing. He said he is using only what is absolutely necessary at the current time as not to dillute the share capital at these low levels. Hopefull the price rebounds in future when they have some news to give us which is positive,,,who knows when that will be??

I am confident that it will be good, we have cash, good assets, gas prices have been killed and seem to be recovering so hopefully worst is over...Let hope we start getting some news in a few weeks..I asked him to please buy some shares to show the shareholders he has faith,,,lets see if he does,,

Oh well, good luck,,I am in and holding, have averaged lower so in pretty deep now...I think we will be good...DYOR good luck holders