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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion.

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To: Taki who wrote (122103)	11/6/2003 12:55:47 PM
From: Taki	Read Replies (2) of 150070

FRCD news just out.(PR NEWSWIRE) Fairchild International announces farm in agreement Fairchild International announces farm in agreement VANCOUVER, Nov. 6 /PRNewswire-FirstCall/ - Fairchild International Corporation (OTCBB:FRCD) is pleased to report that the company has acquired a 2.5% interest in a natural gas drilling target located in Goliad county, Texas. The Manahuilla Creek Project is a proposed drilling area targeting the expanded Yegua trend which is a prolific over pressured gas-condensate trend in the Middle-Eocene of the onshore Gulf Coast Basin. Total gas production to date in this formation exceeds 800 bcf (billion cubic feet) with an estimated ultimate trend recovery close to 2 tcf (trillion cubic feet). Several fairly prolific fields have been discovered and exploited in Goliad county, two of the most recent being the Jobar field and the Perdido Creek field. The Jobar field is located in a normal pressured Yegua sequence. Recoverable reserves in this field are 900 mcf/ac.ft. (1000 cubic feet per acre foot). The most prolific well has produced 1.8 bcf to date and had maximum production rates of 5000 mcf/d (1000 cubic feet per day). The Perdido Creek field is down dip and geopressured with bottom hole pressures of 3600 psi at 5600 feet. Recoverable reserves in this field are 1100 mcf/ac.ft. Initial production rates are approximately 2000 mcf/d with cumulative production in one well over 1.7 bcf. The Manahuilla prospect is located on a downthrown fault block from the Perdido Creek field. The amplitude characteristics of this series of sands look identical to the Jobar and the Perdido Creek fields with the exception that it is much more extensive in area. The prospect covers over 1200 acres 4 miles to the south of the Perdido Creek field. The Yegua sands occur at 6150 feet to 6500 feet. Independent estimates indicate that gross gas reserves are between 96 to 150 bcf with gas reserves per well at 19.2 bcf. Fairchild International Corporation is an emerging energy enterprise with natural gas production in California and producing oil wells in Saskatchewan, Canada. Fairchild International's primary objective is to enhance shareholder value through the continued successful exploration of domestic North American oil and gas prospects. For further information contact: Corporate Communications at 1-888-864-7372 or www.fairchildinternational.com The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements made on behalf of the Company. All such forward-looking statements are, by necessity, only estimates of future results and actual results achieved by Fairchild may differ materially from these statements due to a number of factors. Fairchild assumes no obligation to update these forward-looking statements to reflect actual results, changes in assumptions or changes in other factors affecting such statements. You should independently investigate and fully understand all risks before making investment decisions. SOURCE Fairchild International Corporation -0- 11/06/2003 /CONTACT: Corporate Communications at 1-888-864-7372 or www.fairchildinternational.com/ (FRCD) CO: Fairchild International Corporation ST: British Columbia IN: OIL OTC SU: DSC -30- * end of story *

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