last tickets , fellows, page-3

Hi Wickerman,

A dual listing would only be a work in progress and not the highest priority ATM. Just the same it will be of significant value to ELK to promote the Company in North America. It has been a disadvantage to other small Australian companys operating in the US oil sector not to have a dual listing.

It is something that needn't cost very much if ELK were to take over a small struggling oil company [ be it US or Canadian listed] one that might need some funding in enhanced oil recovery where our increasing expertese can be employed given the opportunities that can be had now that Bob and Neale are now going to be there on the ground full time.

I firmly believe this very capable management team moving to Casper will deliver above and beyond s/h expectations , as surely demonstrated by the support given to the company by the major shareholders.