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Message: Email from Steve

Hey Shepp,

Awesome question. Something that I never really thought about but it very important to take into consideration. I personally appreciate your time and effort into emailing Steve and posting the response. I'm even happier with Steve's reply. Anything that can make this next stage of drilling more economical would be great. These 3 test wells are a giant step forward but still just one step. I believe that we will still need more money after these wells either for analysis and logging of holes (even though they are shallow) and or more drilling. Hopfully McClaren has deep pockets.

Quietly this company through all of its ups and down's with PDI and drilling a duster last year, have put themselves in a great position...given the recent aquisition of another 16% of GPS. I beleive that this is completely due to Steve and his relentless drive to discover/develop the west coast of Newfoundland into an Oil producing region. I believe that eventually it will happen. But we still have a long road ahead.

Thanks again Shepp.

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