is this under valued, page-4

Ser,

Just the type of management I like to get involved in! Very passionate and obviously highly committed! Yes also very communicative.

2nd well sounds as though it is about to spud any time now, Texas has had shocking weather and that has caused a few minor delays!

2nd rig being worked on, hopefully some news on that one soon!

Very happy with well #1 so far, future updates will be very interesting and exciting!

Given the cash position, first well indications and future plans I rate this stock very highly indeed.

I believe that some of the early escrowed stock has recently been released, hence some of the recent selling! I see this as a good opportunity to build a position as given a future tight share registar this one could move up very quickly quite soon!

best of luck

regards

rice