re: Ann: Salinas completes Neon Energy acquis... I think its...

re: Ann: Salinas completes Neon Energy acquis... I think its good that SAE have another string to their bow.
Offshore Vietnam is very prospective with their permit there already holding a 6m oil discovery.

Much happier with the new management. Lost faith in past CEO, but havn't yet met new people.

With steam generation in place at NSA they shd get production up to close to 1000 bpd which would yield great profits (they need new production well to get to this level -drilling it in Dec09).

Farmout of the Osso Bucco drill looks likely for 2010. Its a good prospect with 17mbbl recoverable (from memory).It light crude.

I think we should see steady SP appreciation with little need to rattle the tin for more SH money. With small number of shareson issue, it looks like an outstanding two year prospect to me.