on the 16th day, page-42

Greetings Pete,

All the corporate objectives both short term and long term
are all in order. Ignore comments to the contrary.

It is worth clarifying the realities here...and they are,
ann due any day now regarding the flow readings and volume
of gas for two wells, progress report on other wells.

In conjunction with the above is the likelihood of a oil find although a smaller proportion of oil when compared to the gas resource, however the oil is not the main play.

The intangible asset here is the goodwill that is being developed...the Gas, it's there and soon we will all know precisely how good the find is so far.

Typically many are becoming impatient but consideration should be given to what we already know and that is that the geography at Park City is a known gas resource.

Cheers...spikeup