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Microcap & Penny Stocks : RGBL.OB RG Global Lifestyles, Inc. -- Ignore unavailable to you. Want to Upgrade?

To: GC who wrote (274)	4/27/2008 2:02:36 PM
From: GC	Respond to of 337

Here is a KICKER of a Statement "we expect to see activity ramp up since regulatory and environmental delays appear to have been resolved." ST. MARY LAND & EXPLORATION SM Our capital budget for the Rocky Mountain region is $130 million for 2008, with roughly $24 million budgeted for activities for Hanging Woman Basin coalbed methane. We will operate roughly 65 percent of our planned regional investment in 2008. In the conventional Rockies program, several vertical wells and two recompletions in the Red River are planned for the year. We also plan to drill a small number of horizontal Bakken wells in and around our historic Bakken development areas in Montana. Workover and recompletion operations are planned in our Wind River Basin and Big Horn Basin oil properties. At the outside operated Atlantic Rim coalbed methane play in the Green River Basin, we expect to see activity ramp up since regulatory and environmental delays appear to have been resolved. At Hanging Woman Basin, we plan to moderate our drilling activity in 2008 and monitor and evaluate the results of the shallow and intermediate pods and deep horizontal programs.