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Message: Economic Value of JB #1

had a lenghty conversation with BC today....he is very upbeat ...friendly and looking forward to starting JB#3....he refers to it as morgan high point #4.....he is waiting on JV AUL for their $$ to finish JB#2...although he sees merit in their logging with the drilling of JB#3...added knowledge as they go down. He's not happy with BM and the public display...and he said AUL currently is not part of the recent land deal or JB#3....although they have 1st option,and he wants them in.....he doesn't believe MEO is part of the pennine stockholder issue. The alberta wells will provide/have provided $$ for TN.

I'm encouraged and expect to add to my shares.

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