ann.drilling of stockton well 20 etc.

Announcement overview:
Stockton well 20
Drilling completed Wednesday evening, no sig. oil to surface, plugged and abandoned.
Rig moved back to Riddle 8 Well to drill.

Riddle 8 spudded, drilling prog. to take 3 working days then rig moving to Riddle 11. 2 wells expected to be drilled by end of next week.

Riddle 5 & 7 expected to be good producers of oil and should be able to report on initial production levels by end of next week.

Riddle 6 showed sig. water problems, uneconomical, well will be plugged and abandoned.

Company continuing to discuss new leases of interest in the area with land owners.

DYOR