Ann: Participation in Onshore Exploration Prospec, page-11

re: Ann: Participation in Onshore Exploration... Hello Fike,

Your absolutely correct ... we were advised on 11th April that a result on Sugar factory Well #4 should be known in approximately two (2) weeks.... and no result has been forthcoming...

I still think the well is in progress (not abandoned or discountinued) and since the drilling operations are being controlled by a private company, PSA are probably not permitted to release info without firm conclusive info from the private company ...

I'm not sure that no news from PSA is bad news in this case ...

SP will probably "tweek" south because of the lack of updates on this venture... Some may take this as an opportunity ...


Cheers

PeterRG