MAX PETROLEUM 2007 A giant in the making

As far as farm-in or other co-operational agreements in the future, I would say that this is unlikely.

Jeffs seems to be making noises about independance.

I include this quote:
Max Petroleum's asset base is significant. One of our most compelling challenges
is to properly evaluate and rank our ample opportunities. Our board and
management have a clear strategy to manage our capital spending to ensure a
broad exposure to our shallow, intermediate and deep drilling programmes, any of
which could form an excellent foundation for a much larger independent oil and
gas company. We are focused on utilising our shallow and intermediate drilling
programmes to add substantial production and cash flow to sustain our ongoing
exploration and development activities throughout 2007 and beyond. It is a very
exciting time to be in the industry, particularly in Kazakhstan."



Key phrase here is:
Our board and management have a clear strategy to manage our capital spending to ensure a
broad exposure to our shallow, intermediate and deep drilling programmes, any of
which could form an excellent foundation for a much larger independent oil and
gas company.


So with a possible of 36 wells in 2007 we should not be short of news. I would think that a steady increase of momentum will do very well for tracing up the SP.

Adios,
Manuel