Monday, June 16, 2008

FINALLY !!!!!!!!!!!!!!!!!!!!!!!!

There is life after all on planet Altai. This transaction took much longer than it should have to complete but it is done and the next phase of Altai's move to equal status with the other 3 Horsemen can begin. I would expect an announcement in short order on a farm-in JV with either Forest Oil or one of the other Majors with horizontal shale gas experience. In the current corrective phase of the shale gas players, even a Forest Oil announcement would probably not move the share price up to the $5 range but we will get there before the end of August.

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