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EGPI/Firecreek, Inc. Executive Committee Approves Five Well Drilling Program for 2006; Company in Final Stages of Project Financing Committment
SCOTTSDALE, Ariz., May 01, 2006 (BUSINESS WIRE) -- EGPI/Firecreek, Inc. (OTCBB:EFCR) President and CEO, John R. "Rick" Taylor, is pleased to announce the company's Executive Committee has completed its feasibility study of certain reserves located in Wyoming and has approved a drilling program for five more wells in 2006. Mr. Taylor stated, "The approval of this expansion program shows the significance and commitment our company has in locating, negotiating and funding projects that will continue to bring continued revenue stream, assets and valuation into the company." He also added, "We are now beginning to see the positive improvements made with the implementation and reorganization of our corporate infrastructure. Because of the changes made for 2006 we can now react, take advantage and fast track opportunities that normally would take several months to process."
Dennis Alexander, Chairman of the Board and CFO, commented, "Preliminary discussions for the project financing of these five additional wells have now entered into its final stages. We are extremely confident EFCR will have the ability to finalize the funding for the recently approved drilling program at Ten Mile Draw, Wyoming." He also stated, "EFCR and Newport Oil are working feverishly to complete the drill site selection process." All of the leases are located in the Ten Mile Draw area of the Green River Basin in southwest Wyoming and have proven reserves that have been producing gas for years.
The state of Wyoming has been experiencing a sudden economic boom with the resurgence of gas exploration and drilling in its state. For more information on the dynamic growth currently being experienced by Wyoming please see:
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I bot about 450k on Friday and 50k today to bring me up to 500k
For a measly 50k shares, they would not fill me. They dropped the ask below my limit for over an hour and still would not fill me. This stock is now on Reg SHO - failure to deliver
I expect sharp PPS moves in EFCR real soon, similar to EDEX
I will chart the PPS vs. the Stochs later to point out a very obvious trend in accumulation taking place. It is semi-apparent on my last chart posted over the weekend
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EGPI/Firecreek, Inc. Executive Committee Approves Five Well Drilling Program for 2006; Company in Final Stages of Project Financing Committment 
