Hi all,

Been super busy and appologize again for my lack of posting. Im making an effort and I should free up some time this week to get my posts back on track.

Update:

We have our North American Engineer Report in hand and it was $18 million in reserves as per news release last week. Well that does not include Italy and we should have that this week or next IMO and its a beauty from what I hear. The Italy report I think will be good and management seems happy about what they see so far, so we'll have to wait and see what comes of the announcement.

Management meetings are ongoing in NYC and elsewhere, what they are meeting about I am not sure, but have a few ideas?

Disappointing to see no new buyers from the last two shows SXN attended in Februrary, but they could be watching and waiting or maybe some good contacts were met and will show themselves soon. Couple results on wells still to come and we inch closer and closer to Italy drilling and I like what I am hearing and seeing so far.

Kansas is a big deal too :)

Cheers,

cvac01