Ok I will play devils advocate,,,

why did black rock anti up after their due-dillegence in the J.B.-2?

hmm,,who has seen the NR saying Blackrock anted up more???this was supposed to be completed around the AGM but nothing more has been heard,,,if they anted up for a bigger % I would think a NR would have to be released

why did bill/co award options at each pay zone hit?

so they have something to sell when the sp rises,,,this is their pay cheque,,,and the insiders know when the sp will rise,,,

why did they drill 3 more shallow wells?

to see if they could hit the "elephant",,,based on #3 they didn't

why did they lease over 1000+ additional acres and announce 22+ more wells?

still searching for the "elephant" as long as the money holds out,,,they can say they are planning to drill another 22 wells, doesn't mean they will,,something may come up to change things,,,if the leases are paid for from "revenues", the landowners get jack until oil/gas starts flowing,,,I don't know how their lease contracts are written,,,

why are they now "aggresivly pursuing additional leases"?

because they haven't found the "elephant",,,

why did they request tight hole status for the #3.#4.#5.

because they have nothing and don't want the news to get out and kill the stock,,,

Since MEO's May 8 NR we have been told nothing,,,we do not know if Blackrock ponied up more cash, no news on #6, no news on the specialized equipment, no news on #1 & #2,,,all we know is Trykalo left and they other guy left,,,

ask your self this,,,why did they leave if there was anything in #1-#5??? and as insiders they would know,,,especially Tyrkalo the former president down there,,,

This is my worst case nightmare which I hope never comes to pass,,

SunSeeker