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Gold/Mining/Energy : First Calgary Petroleums, Ltd (FCP.T) -- Ignore unavailable to you. Want to Upgrade?

To: Cal Gary who wrote (586)	5/26/2005 9:55:52 AM
From: Cal Gary	Read Replies (1) \| Respond to of 603

First Calgary focusing on talks with Repsol Exploration 2005-05-24 18:36 ET - News Release An anonymous director reports First Calgary Petroleums Ltd. notes recent media speculation regarding its current strategic discussions. On May 12, 2005, First Calgary announced in Stockwatch it was in discussions with a number of parties which were progressing well. Since that time First Calgary has decided to focus on formal discussions with Repsol Exploration Argelia SA regarding a potential joint venture transaction which it believes will be materially beneficial to the company. The company has therefore suspended talks with other parties in the interim. At this stage First Calgary is unable to comment on the exact nature of the discussions. The discussions are continuing and a further announcement will be made as appropriate. There can be no assurance that any transaction will be entered into or completed as a result of this process. We seek Safe Harbor.

To: Cal Gary who wrote (586)	5/31/2005 9:22:02 PM
From: Ken O'Connor	Respond to of 603

Halted...LOL yes all the upward movement has been halted. What a miserable decline and yet only insignificant peeps from our buddy Richard. At this point, best to go it alone. We are not going to get what the properties are worth and Repsol can't stop dcking around. First they crush the price through FA's false information releases, then they add insult to injury by scewing around with details. Richard, tell them all "Thanks but no thanks", we'll keep our little gold mine (oops, oil/gas patch), drill it til there's no tomorrow, do a little financing when needed and get those ppp's up three fold what they are now. 12 months from now we will be a little wiser and ready to accept $$$ that equates to what we have. Oh, and tell Repsol they needn't bother showing up next time.