press alert : drilling service offer ...., page-26

I agree that is good news HappyDays. It just adds another benefit to an already positive big picture. However right now, I think management needs to focus on this.

1. Communication - Keep us informed on the status of the equipment coming from Singapore. Forecasts for the arrival and installation have been estimated and slipped twice and right now we are none the wiser as to current status. Given so much of the short-term hinges on this (IMO), there should be a status announcement each Monday morning until the equipment has arrived and is installed.

2. Capital - Bite the bullet and raise about $2M (sophisticated investors if need be) to take cashflow out of the conversation for the next 3 months for shareholders, potential clients and potential employees such as highly qualified Drilling Operation Managers candidates.

3. Complete Test Hole - Prove what we already believe about the GT3000 so there is no doubt in the marketplace and firm up our position in contract negotiations.

4. Contracts - If demand is what we think it is, this should be a piece of cake once 1,2, and 3 are done.