All,

Good discussion with Reid today.  Delays with directional bit in Madeley, will continue drill out to 1700': McCoumus producing, Lakeshore producing; JV with drilling company to bring 50 reworks online ASAP; Belize perf on SJ2 indicating problem in cement casing up line, in process of rectifying. SJ1 to be perforated behind SJ2 completion.

300+bpd by month end, with tremendous upside potential.

Thanks coolnapz for the daily shakedown of the tape...Helps a novice as myself see a lot clearer through the smoke and mirrors.

IMO..Very, Very good times ahead...as I have said before...Get Ready to

laissez bon temps rouler!!!

Geaux TECO Geaux

JKS

2.3m