Ann: Rosewood Plantation 21H No.1 Drilling Update, page-21

re: Ann: Rosewood Plantation 21H No.1 Drillin... It is looking good but so did the previous two wells at this stage--they both flared gas to surface.

One plus with these wells is they dont have to 'frac'--a costly exercise and one that can cause delays.

Another confidence boost is their industry consultants are very confident that using the more simpler slotted liners will over-come the completion problems encountered in the first two wells.

The last well had initial production of over 1100 bpd before completion problems kicked in--heart-break for earlier investor's.

I'm a believer that problems if understood can be solved.

I'm no expert but have strong interest in junior oilers.

My opinion, but if they get this well producing any-where near 1000 barrels per day initially--we wont be sitting at 11.5 cents.

Good-luck Cham