http://www.montello.com/s/Home.asp

News posted on Montello's website. I guess the almost $360k from selling the farm and Mulligan wasn't enough to actually get #3 in TN producing again. IMO if they are looking at getting more than just #3 into production the .05 sp required for financing should be reachable. We know the #1 well had oil before being shut in, #2 is 0for2 tries?, and the others have gas?

I would love to see the 5 wells in TN finally turned into something that could make $$$ for MEO and it's shareholders.

Anyone know if the partners are still involved or even interested?

Here's to a better 2010, glta

SunSeeker