I have been with Sovereign Chief now Saxon Oil for several years and have sold some on the way up, but now I am in it for the long haul.

I am in contact with the company regularly. My outlook on the company is shorter then 2 years as I think 2008 will be an excellent year as current management builds a foundation and takes us exploring in Italy with 3D Seismic data that hasn't been used over there yet.

Like I have said before Kansas and Italy are the company makers. I wouldn't be suprised that once we have Italy started up and the foundation built with Kansas and New Mexico if we are taken out by a company like Stractic/Grove for our Italy assets. I think it will be a company bigger then Stractic, but WE will be taken out eventually IMO.

If not taken out, I hope that mangement has the foresight to take a bigger piece of AleAnna (over 50%) and perhaps even spin-off Italy into a seperate company and leave Kansas and other assets to do it all over again with another great exploration play somewhere else.

Rich Green is still young enough that if he is successful at this, I would have no problem investing with him in any of his future companies.

Drills are turning!!

Cheers,

cvac01