look out below, page-22

I've seen many a spec with a higher market cap on the hint of a find.....

This is just one well, in one field..... look at the big picture....

------------------------------

Po Valley Energy has been very active on the gas field development front and in expanding the potential for future projects through new licence applications.

The Company started with 3 gas development fields, Sillaro, Castello (Vitalba) and S. Alberto (S. Maddalena), which are steadily heading into production, and are now followed by two larger scale appraisal projects (Bezzecca and Fantuzza), 10 new gas prospects and a further two oil prospects, one of which (Rovagnate) is very large scale