Ann: Annual Shareholder Roadshow, page-5

Ravi

IF Central Pet were to "drill for oil" - i almost guarantee you that within 2-3 years, it would be BROKE ...........

if you check the EIA "world shale report" and also the NTGS open file reports - you will see that the source rocks are mostly "gas prone" .......this doesnt preclude the possibility of oily discoveries (Merennie) .....but should highlight that they are much much more likley to make (IMHO) large gas discoveries.......this (again IMHO) will be "tight" gas sands (conventional) and deeper shale gas plays .........

drilling viable (10mm bbl STOOIP, 3-5mm bbl pot rec) targets with a POS of 5-8% ..........just doesnt happen .......negative EMV mate.....

the "deep" (pre salt) is of technical interest - well to me at least

rgds
Value_Hunter