some 50mil in the bank, page-2

minus $50K-$150K paid to RBS for commission but pretty much 50mil in the bank and looking good for 2010 drilling. The exploration and drilling report released last night shows what the program is but isn't very well detialed for whats immediate and expenditure for certain wells/fields.

which is why i'm dumbfounded why the board couldnt wait on the SPP until after option holders had fully converted. and a better understanding of what the capital raising is for exactly.

Income for 2010 should be healthy also and would assume alot of the income this year should all but finance a lot of this year operations.