Had email correspondence with the company late last week to get...

Had email correspondence with the company late last week to get an update on McCool and NY2. With respect to North Yowlumne, the Operator is currently testing the well which is now at a stage that results should be known within a couple of weeks. They said there have been many problems to date, but are now confident they will get some definitive data from the current testing program. As to McCool they said they have suspended the test which produced both oil and water and the plan is to perform a work over on the well to attempt to isolate the water. If this is not successful, the well is likely to be sidetracked at a later stage (approx April).

Cheers