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To: marci58 who wrote (112671)	4/25/2008 3:55:01 PM
From: Rocket Red	Respond to of 312886

no read but not looking great here as a hit surely there would be leakage and buying power

To: marci58 who wrote (112671)	4/25/2008 4:44:34 PM
From: Rocket Red	Read Replies (1) \| Respond to of 312886

After many delays of getting equipment into the country March Resources, Dave Antony, tells us today that equipment is finally in Chile, on site tested, and should be running their first perf today (perf tells you whether there is gas there, fracs tells you what kind of commercial rates to expect), they expect news very early next week, they will also be giving an update on the Pica two well, also, which is going lickity split compared to the first.

To: marci58 who wrote (112671)	5/2/2008 10:23:00 PM
From: LoneClone	Respond to of 312886

Here's Pescod on MCF the other day MARCH RESOURCES (V-MCF) $0.51 +0.075 Yesterday March Resources announced some results on the Pica #1 play in Chile and all it produced was confusion… but then, this is perfing, which tells you whether there is gas in a zone or not. Basically it’s suggested that of the many zones they tested there was gas in some and not in others. The confusion is you have no idea how much or whether it’s a commercial well or not. But the Company is planning to move fracturing equipment into the country to properly stimulate and evaluate the potential zones in Pica #1. Dave Antony, Company President tells us that Pica #2 will shortly be at total depth, an area where they hope to have or expect to have some of the same zones that were tested on Pica #1 that looked interesting. As well, the Company is confident that Pica #2 will also encounter the Majala Formation, which contains the black shale source rock, which is the formation from which the gas which was encountered in Pica#1 originated. This is the in addition to the upper tight gas zones which were encountered in Pica #1. At that time, they will finally get some fracing equipment into Chile (in Chile with a non-existent oil and gas industry, anything you need has to come from a long way away, so hence some of the many problems they are encountering) as they won’t want the fracing equipment in until they can test both wells. The bad news is that by the time they get the fracing equipment in through customs, set up, and start testing, we probably won’t see results until sometime in July…It feels like people have met, married, had kids and are still waiting for results, it has been a long haul with this story, but it a story that gives investors the opportunity to be involved in the discovery of a new world class gas basin. Maybe! To receive the Late Edition and be on our daily circulation simply e-mail Debbie at Debbie_lewis@canaccord.com and give your address, phone number and e-mail and we’ll have you on the list tonight.