getting vey close , page-44

Must be the reserve report as predicted, I will have to read these research notes more closely but why a 2 day trading halt, and why the jump today?

Looks like the day traders did not even get much of an opportunity or were not watching.

Hartleys

"An independent reserve report should also be completed within weeks."

CARMICHAEL RESEARCH


"Plenty of near term catalysts. Key near term catalysts for HOG include the following: 1)
Chernetska-1 appraisal well results (End October 2011), 2) Updated reserves and resources
report (November 2011), 3) Drill Sorochynska infill well (November 2011), 4) Sorochynska gas
plant in operation (End CY2012) 5) Convert Sorochynska license to production license (1Q
CY2012) and 6) Further asset acquisitions (Ongoing)."

"Moyes and Co (Moyes), which is an energy
advisor with offices in the US and the UK is currently working on an updated reserves and
resource report incorporating the production history of the Sorochynska-1 well which we believe
will be a key catalyst for HOG. The report is due to be released in November."