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MEO AND 51-101

jamster123
+297-11

Good Morning,

Questions as to resources and value of same have recently been posted. MEO was granted and has a "tight-hole" designation on the properties in Morgan County TN. I believe at this juncture no one really knows the projected value of the resources exactly down hole because there is much work to be done first. This IMO has enabled MEO time to attempt to gather the necessary funds, equipment, and technical field expertise to prove up the resources.

All publicly traded Canadian oil and gas companies conform to National Instrument 51-101 Standards of Disclosure for Oil and Gas.  Below is a web-site that has the most recent updates to 51-101 dated December 28, 2007.  Very informative as to what a comapny can and cannot disclose and the protocols envolved.

www.mondaq.com/article.asp?articleid=56672

palmdesert
+112-29

Re: MEO AND 51-101

I agree with you on that point vanity.. hard not to.

looks like we will see 5 cents again. I can see why people are frustrated, I just wish there was a faster process to get news. I am a dreamer I guess.

vanity9
+135-20

Re: MEO AND 51-101

You are right about that yuri. Bottom line is , MEO will make it economic or they will not.

nice to see them at 6 cents.. V

yuri71
+211-28

Re: MEO AND 51-101

I highly doubt it, American's are desperate for local oil. Very desperate.

Alicias
+224-26

Re: MEO AND 51-101

Is there any way the locals could stop drilling? I know environmentalist can play a major role in stopping mines.

Alicias
+224-26

Re: MEO AND 51-101

Exactly vanity.

palmdesert
+112-29

Re: MEO AND 51-101

It is going to take a positive news release .

a commercial well. the stock will fly if we could get one of the two..

palmdesert
+112-29

Re: MEO AND 51-101

it is in the middle of no where. but you would probably have to trespass to get a good view - Montello used to post pictures - would be excellent to have an update.

yuri71
+211-28

Re: MEO AND 51-101

I like to see the solid bid at 0.055, but what is t going to take for us to break out of these levels!!

vanity9
+135-20

Re: MEO AND 51-101

A visit would be nice, but my thoughts are the same as palmdesert, unrealistic in my opinion. Montello is doing everything to take another swing down in T, why risk it all if you didn't think : 1 - your odds were good. 2 - the pay out was huge. MEO has done too much work down there to date, to not come close if not hit. V

slasher10
+118-11

Re: MEO AND 51-101

from what i could see on a road map this is an area consisting of small farm/homesteads on public roads so while you may not get access you should be able to see the workers from roadside.jmho.

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