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Message: First Calgary seeks $1-billion for Algerian project

listened to phone replay conf call...nothing new....ceo said gaining credit $$ was the issue....only 3 questions asked....1 angry....other 2 about algeria regulators and acceptance.....my issue is they could have sought a jv wi partner farm-in even by ENI...say 100million for 40%....they/he just wanted to sell out...likely cash out....likely he/they remain w/ENI mgmt....why waterford accepted...maybe the russian has cut a 2nd deal w/ENI for who knows....if we only had a larger forem of shareholders...maybe we could stop it....but i still can vote no

special meeting next 10/14

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