Ann: David Biggs (ex. AWE CEO) to be appointed Director at EGM, page-45

It’s true, it wasn’t a failure because there was no oil, it was a failure because management failed the drilling campaign, fund management and digging the holes. Management were The failure is not the resource. I would be a lot more comfortable if we dug the four holes and found nothing rather than completely failed the drilling program and still not know what’s going on there. The entire failure of the project falls on management or mismanagement I should say instead of the resource failing. This is why DC had to go and a new management team installed that can proper manage drilling programs and funds. This was the only way PRL was going to move forward and add shareholder value. This is also why it is disgusting that DC was paid the salary and issue the shares for completely bringing the company to it’s knees and emptying the company funds and mismanaging the Intyre project.