The Company reports that it continues to complete the required filings to bring the company current under its reporting obligations. It is anticipated that the auditor will have completed the audits and all filings will be filed by May 1, 2006.
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The Company's joint venture partner reports that the anticipated drill date of May 3, 2006 is intact and the drill rig arrival is expected as planned.
The Company reports that it continues to complete the required filings to bring the company current under its reporting obligations. It is anticipated that the auditor will have completed the audits and all filings will be filed by May 1, 2006.
``We are pleased that the drill rig is on schedule and drilling will begin as planned,'' states company President Douglas Tallant. ``With the current price of oil reaching a high of over $74.00 per barrel recently, the company is poised to capitalize significantly through the development of these prospects. We anticipate that upon completion of drilling, both the joint venture prospect and the Peach Creek West prospect, the company will have a significantly higher market valuation than the current share price reflects.''
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posted
Looks like they expect to drill for 14 days before they hit oil. Since nothing is on time with this company I'll give them 20 days. Either way there is a good chance for an oil strike PR around the 20th of May
-------------------- skids are for kids
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From the 4/20 PR:
