As a follow-up tp my earlier posting, the latest NR stated that "[t]he Company is also pleased to announce that effective Monday, August 11, 2008, Mr. Peter C. Brown, currently COO, VP of Exploration and Geology, will assume the role as President of Montello Resources Ltd. Phil Emrich, President of Montello Resources USA Ltd. is joining the Board of Directors effective on August 11, 2008. Please refer to their credentials in the Management section at www.montello.com." So, I took their advice and looked at their credentials as well as those of the other members of the team.
Now, I haven't worked in the oil industry but these guys sure have. I am impressed by their bio's and I can't help but think that they must feel that something big is happening in Morgan County or else they wouldn't be involved in this project.
It looks like MEO is legitimately moving towards production and they have assembled the team to take them there.
- Panamax