spud tomorrow, page-6

It has been a long wait for all SH, however, there is light at the end of the tunnel.

The current drilling projet may be the most important one in the company's recent history. The reasson beeing is that this project has a massive upside potential...

1.) CIG holds 100% of the entitlement of west mailisu 2 well

2.) The prospect has the potential to contain oil reserves of up to 9.7mmbbls,not bad considering that the oil price is around 100USD :-)

3.) Infrastructure for potential production already in place

4.) East Mailisu 1 drilled in October 2010 has shown only non comercial flow rates...but East Mailisu III#6 well has shown comercial quantities

5.) civilo unrest in the area ius over...

6.) low risk onshore drilling cost with own rig

and the most important one:

...neighbouring oil wells HAVE BEEN SUCESSFUL!!

So, IMHO, this one has the potential to be a company maker!

If successful, I expect the SP to be well abobe 3-4 cents,

DYOR & BOL to all LT SH: KM