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SmallCap With High Potential?

daemon@ATHENA.MIT.EDU (mwalogdh)
Tue Dec 27 12:00:02 2005

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Date: Tue, 27 Dec 2005 08:59:53 -0800
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            EMERGING GROWTH ALERT
           
            Issue: 1086262 DEC 2005 
                        KOKO PETROLEUM 
                        Undervalued Special Situation 
                        Symbol:  KKPT 
                        52 Week Range 0.40 - 2.50 
                        Shares Float:  25,000,000 
                        Current Price: $1.20 
                        12 Mo.Target Price $8.70 
                         Last 5 days gain $ .97 
                 
            Breaking News Alerts!

            Big News Expected  Tuesday  Dec  27th 
            Value should climb quickly!  Be ready for the ride of your life, as you can see so far 

            KOKO Petroleum Issues Update on Drilling Projects in the Barnett Shale and Corsicana

            KOKO Petroleum, Inc. to Participate in Barnett Shale Drilling Program


              Petroleum and natural gas production in the Barnett Shale play has been increasing steadily year after year. This is by far one of the most active and prolific gas fields in America right now and as such is garnering a lot of attention all the way from the oil patch to Wall Street. The group that we have joined in this Barnett Shale drilling program is affiliated with one of the major stakeholders in the area with scores of wells already in production. We are very confident in their proven ability to locate the best drilling sites in the area and to efficiently tap the vast gas resources held in Barnett Shale. This project is one of several next steps in KOKO Petroleum's ongoing program to build a diverse portfolio of promising oil and gas properties and prospects. We plan to continue pursuing other promising prospects that should help us build a diverse portfolio with long-term value for our shareholders," says Mr. Ted Kozub, Chief Executive Officer of KOKO Pe!
 troleum, Inc

              The Barnett Shale is the largest natural gas play in Texas. It is presently producing 900 MMCF of gas per day and is considered one of the largest U.S. domestic natural gas plays with sizable, remaining resource potential. The first Barnett Shale wells were drilled and completed in the early 1980s by Mitchell Energy of Houston, Texas. According to an in-depth 2004 sector report on the Barnett Shale, developed by Morgan Stanley , the Barnett Shale play is estimated to hold reserves in the non-core area that could be as high as 150 BCF per 1,000 acres. The report estimated that because of the amount of gas available in the area, successful wells in the Barnett Shale should be economically viable in almost any gas price environment. There are 75 rigs currently operating in the area. 



            KKPT is getting ready to break out. We recommend this as a VERY strong buy.
           

           
     


  Ted Kozub, President and CEO of KOKO stated, "We are very excited to get this project off the ground and feel that it has the potential to create enormous value for our shareholders. We have structured an agreement that allows to us to participate in the upside of this great field while mitigating our downside risk and thus protecting our shareholders from any loss in value."  CARSON CITY, Nev., June 8, 2005 (PRIMEZONE) -- Friendly Energy Corporation's (Other OTC:FDEG.PK - News) board of directors previously announced that the company has entered into and option agreement to participate with American Stellar Energy, Inc. (Other OTC:AMRS.PK - News), and Koko Petroleum, Inc. (Pink Sheets:KKPT) in the exploration and production of the Corsicana Field. Ted Kozub, President and CEO of KOKO stated, "We are very excited to get this project off the ground and feel that it has the potential to create enormous value for our shareholders. We have structured an agreement that allows t!
 o us to participate in the upside of this great field while mitigating our downside risk and thus protecting our shareholders from any loss in value."  Geological engineering studies have shown that an effective ASP flood could yield as much as 30% to 40% of the original oil in place with lifting costs below $7 per barrel The Hill #1 well was recently completed and the Company is awaiting final production testing which is currently underway.  REO anticipate a multi well drilling program to explore and develop the Shale play of which KOKO will be a significant participant. KOKO Petroleum Inc. has committed to fund an ASP pilot program in the Corsicana Field, which will cost $1.5 million USD to engineer and implement and consist of drilling approximately 13 wells and subsequently flooding the identified area with ASP. IF successful, KOKO will have the right to participate in the development of the entire field as an equal partner with JMT. KOKO will be responsible for raising!
  the necessary capital to develop the entire field, which is estimated to cost between $7 to $10 million USD.  KOKO Petroleum Inc. has committed to fund an ASP pilot program in the Corsicana Field, which will cost $1.5 million USD to engineer and implement and consist of drilling approximately 13 wells and subsequently flooding the identified area with ASP. IF successful, KOKO will have the right to participate in the development of the entire field as an equal partner with JMT. KOKO will be responsible for raising the necessary capital to develop the entire field, which is estimated to cost between $7 to $10 million USD.  The primary EOR technology to be applied to the Field is an alkaline-surfactant-polymer (ASP) flood. This technology has proven to be very effective in partially-depleted fields, especially with shallower Fields that typically inhibit the effectiveness of the more common EOR technologies. This technology essentially "pushes" fluid to the well-bores instea!
 d of creating a pressurized environment that would cause the oil to move. Pressurizing mature fields has been problematic in the past and the ASP flood avoids many the issues surrounding re-pressurization.  In addition, the agreement entitles KOKO to conduct 3D seismic on the entire acreage to identify possible deep structures for exploration.  KOKO are in negotiation for additional leases in the Corsicana area which may have potential chaulk formations. We have engaged legal counsel to examine the lease titles. The chaulk formations are very prolific and have been one of the largest production zones in this area over the past several years.  LAS VEGAS--(BUSINESS WIRE)--Nov. 21, 2005--KOKO Petroleum, Inc. (PINK SHEETS:KKPT - News) issued an update on its working interest investment in two wells in the prolific Barnett Shale Play located in northern Texas. CARSON CITY, Nev., June 8, 2005 (PRIMEZONE) -- Friendly Energy Corporation's (Other OTC:FDEG.PK - News) board of directo!
 rs previously announced that the company has entered into and option agreement to participate with American Stellar Energy, Inc. (Other OTC:AM
RS.PK - News), and Koko Petroleum, Inc. (Pink Sheets:KKPT) in the exploration and production of the Corsicana Field. LAS VEGAS--(BUSINESS WIRE)--Nov. 21, 2005--KOKO Petroleum, Inc. (PINK SHEETS:KKPT - News) issued an update on its working interest investment in two wells in the prolific Barnett Shale Play located in northern Texas. Ted Kozub, President of KOKO comments that, "The Barnett Shale prospects have substantial opportunities due to the success factors evidenced by the extensive activity in the Shale Play. We are very pleased with our current progress and our future ability to participate in a major petroleum venture." KOKO Petroleum Inc. has committed to fund an ASP pilot program in the Corsicana Field, which will cost $1.5 million USD to engineer and implement and consist of drilling approximately 13 wells and subsequently flooding the identified area with ASP. IF successful, KOKO will have the right to participate in the development of the entire field as an equal!
  partner with JMT. KOKO will be responsible for raising the necessary capital to develop the entire field, which is estimated to cost between $7 to $10 million USD.  REO anticipate a multi well drilling program to explore and develop the Shale play of which KOKO will be a significant participant. KOKO are in negotiation for additional leases in the Corsicana area which may have potential chaulk formations. We have engaged legal counsel to examine the lease titles. The chaulk formations are very prolific and have been one of the largest production zones in this area over the past several years.  KOKO Petroleum Inc. has committed to fund an ASP pilot program in the Corsicana Field, which will cost $1.5 million USD to engineer and implement and consist of drilling approximately 13 wells and subsequently flooding the identified area with ASP. IF successful, KOKO will have the right to participate in the development of the entire field as an equal partner with JMT. KOKO will be !
 responsible for raising the necessary capital to develop the entire field, which is estimated to cost between $7 to $10 million USD.  KOKO Petroleum Inc. has committed to fund an ASP pilot program in the Corsicana Field, which will cost $1.5 million USD to engineer and implement and consist of drilling approximately 13 wells and subsequently flooding the identified area with ASP. IF successful, KOKO will have the right to participate in the development of the entire field as an equal partner with JMT. KOKO will be responsible for raising the necessary capital to develop the entire field, which is estimated to cost between $7 to $10 million USD.  The primary EOR technology to be applied to the Field is an alkaline-surfactant-polymer (ASP) flood. This technology has proven to be very effective in partially-depleted fields, especially with shallower Fields that typically inhibit the effectiveness of the more common EOR technologies. This technology essentially "pushes" fluid t!
 o the well-bores instead of creating a pressurized environment that would cause the oil to move. Pressurizing mature fields has been problematic in the past and the ASP flood avoids many the issues surrounding re-pressurization.  Ted Kozub, President and CEO of KOKO stated, "We are very excited to get this project off the ground and feel that it has the potential to create enormous value for our shareholders. We have structured an agreement that allows to us to participate in the upside of this great field while mitigating our downside risk and thus protecting our shareholders from any loss in value."  Ted Kozub, President of KOKO comments that, "The Barnett Shale prospects have substantial opportunities due to the success factors evidenced by the extensive activity in the Shale Play. We are very pleased with our current progress and our future ability to participate in a major petroleum venture." Geological engineering studies have shown that an effective ASP flood could y!
 ield as much as 30% to 40% of the original oil in place with lifting costs below $7 per barrel The Barnett Shale is the largest natural gas pl
ay in Texas. It is presently producing 900 MMCF of gas per day and is considered one of the largest U.S. domestic natural gas plays with sizable, remaining resource potential. The first Barnett Shale wells were drilled and completed in the early 1980s by Mitchell Energy of Houston, Texas. According to an in-depth 2004 sector report on the Barnett Shale, developed by Morgan Stanley (NYSE:MWD - News), the Barnett Shale play is estimated to hold reserves in the non-core area that could be as high as 150 BCF per 1,000 acres. The report estimated that because of the amount of gas available in the area, successful wells in the Barnett Shale should be economically viable in almost any gas price environment. In addition, we are in discussions with a major title holder to conduct a joint extensive seismic survey on this and other acreage to determine the existence of deeper structures for potential exploration.  KOKO has a percentage interest for the title to the Pecan Gap to the bas!
 e of the Woodbine structures on approximately 1000 acres. We have the potential to drill approximately 30 to 50 Pecan wells on this acreage.  LAS VEGAS--(BUSINESS WIRE)--Oct. 20, 2005--KOKO Petroleum Inc. (PINK SHEETS:KKPT - News) announced today that is has funded the first phase of the Redevelopment Program for its Corsicana Project with JMT Resources, Ltd. Fort Worth, Texas. KOKO will participate in the Development of JMT's Corsicana Field, which will implement Enhanced Oil Recovery (EOR) technologies on its 4,000 acre leasehold located in Corsicana, Texas.  In addition, we are in discussions with a major title holder to conduct a joint extensive seismic survey on this and other acreage to determine the existence of deeper structures for potential exploration.  Friendly Energy Corporation is a development company involved in exploration of low risk oil and gas properties in the United States. This represents an opportunity for the company to begin executing its operation!
 al plan of acquiring low risk, low cost drilling targets with the highest possible opportunity for success. This joint venture provides for the company to drill up to a thirty well program on ten acre target spacings over the next twelve months. ``Friendly Energy is pleased to enter into this joint venture agreement for the further development of this already proven producing field,'' states Friendly Energy Inc's President Doug Tallant. ``We are encouraged by our Joint Venture partner's previous success in drilling this field earlier this year to the Pecan Gap Zone. We look forward similar results in our anticipated thirty well program.'' This represents an opportunity for the company to begin executing its operational plan of acquiring low risk, low cost drilling targets with the highest possible opportunity for success. This joint venture provides for the company to drill up to a thirty well program on ten acre target spacings over the next twelve months. ``Friendly Energ!
 y is pleased to enter into this joint venture agreement for the further development of this already proven producing field,'' states Friendly Energy Inc's President Doug Tallant. ``We are encouraged by our Joint Venture partner's previous success in drilling this field earlier this year to the Pecan Gap Zone. We look forward similar results in our anticipated thirty well program.'' LAS VEGAS--(BUSINESS WIRE)--Nov. 7, 2005--KOKO Petroleum, Inc. (PINK SHEETS:KKPT - News) announced today that it has exercised its option to participate in the second Barnett Shale play through its affiliation with REO Energy Ltd. Ted Kozub, President and CEO of KOKO stated, "We are very excited to get this project off the ground and feel that it has the potential to create enormous value for our shareholders. We have structured an agreement that allows to us to participate in the upside of this great field while mitigating our downside risk and thus protecting our shareholders from any loss in v!
 alue."  Upon the receipt of payment the JV Partners shall assign to FDEG an undivided 63% working interest (70% of the 90% earned in the origi
nal Farmout Agreement) in and to said leases, delivering a 41.95% net revenue interest in each lease based on a combined JV Partner Working Interest of 90%, delivering a Net Revenue Interest of 66%, proportionately reduced. FDEG shall own an undivided 63% Working Interest in each well drilled until Payout. At Payout of each well Working Interest ownership shall change in that Well to represent Working Interests which will then be 45% (50% of the JV Partners 90%) held by FDEG and 45% held by the JV Partners, proportionately reduced, delivering an equal 33.3% Net Revenue Interest to each. In addition, the agreement entitles KOKO to conduct 3D seismic on the entire acreage to identify possible deep structures for exploration.  LAS VEGAS--(BUSINESS WIRE)--Nov. 7, 2005--KOKO Petroleum, Inc. (PINK SHEETS:KKPT - News) announced today that it has exercised its option to participate in the second Barnett Shale play through its affiliation with REO Energy Ltd. Ted Kozub, President and!
  CEO of KOKO stated, "We are very excited to get this project off the ground and feel that it has the potential to create enormous value for our shareholders. We have structured an agreement that allows to us to participate in the upside of this great field while mitigating our downside risk and thus protecting our shareholders from any loss in value."  Upon the receipt of payment the JV Partners shall assign to FDEG an undivided 63% working interest (70% of the 90% earned in the original Farmout Agreement) in and to said leases, delivering a 41.95% net revenue interest in each lease based on a combined JV Partner Working Interest of 90%, delivering a Net Revenue Interest of 66%, proportionately reduced. FDEG shall own an undivided 63% Working Interest in each well drilled until Payout. At Payout of each well Working Interest ownership shall change in that Well to represent Working Interests which will then be 45% (50% of the JV Partners 90%) held by FDEG and 45% held by th!
 e JV Partners, proportionately reduced, delivering an equal 33.3% Net Revenue Interest to each. The Barnett Shale is the largest natural gas play in Texas. It is presently producing 900 MMCF of gas per day and is considered one of the largest U.S. domestic natural gas plays with sizable, remaining resource potential. The first Barnett Shale wells were drilled and completed in the early 1980s by Mitchell Energy of Houston, Texas. According to an in-depth 2004 sector report on the Barnett Shale, developed by Morgan Stanley (NYSE:MWD - News), the Barnett Shale play is estimated to hold reserves in the non-core area that could be as high as 150 BCF per 1,000 acres. The report estimated that because of the amount of gas available in the area, successful wells in the Barnett Shale should be economically viable in almost any gas price environment. LAS VEGAS--(BUSINESS WIRE)--Oct. 20, 2005--KOKO Petroleum Inc. (PINK SHEETS:KKPT - News) announced today that is has funded the first p!
 hase of the Redevelopment Program for its Corsicana Project with JMT Resources, Ltd. Fort Worth, Texas. KOKO will participate in the Development of JMT's Corsicana Field, which will implement Enhanced Oil Recovery (EOR) technologies on its 4,000 acre leasehold located in Corsicana, Texas.  REO believes that Inglish #2 will match the production ability of Inglish #1. LAS VEGAS--(BUSINESS WIRE)--Oct. 20, 2005--KOKO Petroleum Inc. (PINK SHEETS:KKPT - News) announced today that is has funded the first phase of the Redevelopment Program for its Corsicana Project with JMT Resources, Ltd. Fort Worth, Texas. KOKO will participate in the Development of JMT's Corsicana Field, which will implement Enhanced Oil Recovery (EOR) technologies on its 4,000 acre leasehold located in Corsicana, Texas.  Upon the receipt of payment the JV Partners shall assign to FDEG an undivided 63% working interest (70% of the 90% earned in the original Farmout Agreement) in and to said leases, delivering a !
 41.95% net revenue interest in each lease based on a combined JV Partner Working Interest of 90%, delivering a Net Revenue Interest of 66%, pr
oportionately reduced. FDEG shall own an undivided 63% Working Interest in each well drilled until Payout. At Payout of each well Working Interest ownership shall change in that Well to represent Working Interests which will then be 45% (50% of the JV Partners 90%) held by FDEG and 45% held by the JV Partners, proportionately reduced, delivering an equal 33.3% Net Revenue Interest to each. 
     


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            <P><FONT size=4><STRONG><FONT color=#ffffff>EMERGING GROWTH 
            ALERT</FONT></STRONG></P></FONT></TD></TR>
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          <TD 
          style="PADDING-RIGHT: 2px; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; PADDING-TOP: 2px" 
          bgColor=#000000><FONT color=#ffffff>Issue: 
            1057715</FONT></TD>
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            <DIV align=right><FONT color=#ffffff>DEC 2005</FONT></DIV></TD></TR>
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                      <TD bgColor=#008080 colSpan=2><B><FONT 
                        color=#ffffff>KOKO PETROLEUM</FONT> </B><FONT 
                        color=#ffffff size=2><STRONG><BR>Undervalued Special 
                        Situation</STRONG></FONT></TD></TR>
                    <TR>
                      <TD width="53%"><FONT size=2>Sy<B></B>mbol: </FONT></TD>
                      <TD width="47%"><EM><FONT 
                      size=2><B>KKPT</B></FONT></EM></TD></TR>
                    <TR>
                      <TD><FONT size=2>52 Week Range</FONT></TD>
                      <TD>0.40 - 2.50</TD></TR>
                    <TR>
                      <TD><FONT size=2>Sha<B></B>res Float: </FONT></TD>
                      <TD><FONT size=2>25,000,000</FONT></TD></TR>
                    <TR>
                      <TD><FONT size=2>Current Price:</FONT></TD>
                      <TD><SPAN class=468170001-22062005><FONT color=#0000ff 
                        size=2>$1.20</FONT></SPAN></TD></TR>
                    <TR>
                      <TD><FONT size=2>12 Mo.Target Price</FONT></TD>
                      <TD><FONT size=2>$8.70</FONT></TD></TR>
                    <TR>
                      <TD><FONT size=2>&nbsp;Last 5 days gain</FONT></TD>
                      <TD>$ ..97</TD></TR></TBODY></TABLE></TD></TR></TBODY></TABLE>
            <P><EM><FONT color=#cc0000 size=4><STRONG>Breaking News 
            Alerts!</STRONG></FONT></EM></P>
            <P><FONT color=#cc0000 size=3><STRONG><EM>Big News 
            Expected&nbsp;</EM></STRONG><SPAN class=468170001-22062005><FONT 
            color=#0000ff size=2>&nbsp;Tuesday&nbsp;</FONT></SPAN><STRONG><EM> 
            Dec&nbsp;</EM></STRONG><SPAN><FONT color=#0000ff 
            size=2>&nbsp;27th&nbsp;</FONT></SPAN><BR><STRONG><EM>Value should 
            climb quickly!</EM></STRONG><SPAN class=468170001-22062005><FONT 
            color=#0000ff size=2>&nbsp; Be ready for the ride of your life, as 
            you can see so far&nbsp;</FONT></SPAN></FONT></P>
            <P><EM><B>KOKO Petroleum Issues Update on Drilling</B> <B>Projects 
            in the Barnett Shale and Corsicana</B><BR><BR></EM><SPAN 
            class=t><B>KOKO Petroleum, Inc. to Participate in Barnett</B> 
            <B>Shale Drilling Program</B></SPAN><BR><EM><BR><BR></EM><I>&nbsp; 
            Petroleum and natural gas production in the Barnett Shale play has 
            been increasing steadily year after year. This is by far one of the 
            most active and prolific gas fields in America right now and as such 
            is garnering a lot of attention all the way from the oil patch to 
            Wall Street. The group that we have joined in this Barnett Shale 
            drilling program is affiliated with one of the major stakeholders in 
            the area with scores of wells already in production. We are very 
            confident in their proven ability to locate the best drilling sites 
            in the area and to efficiently tap the vast gas resources held in 
            Barnett Shale. This project is one of several next steps in KOKO 
            Petroleum's ongoing program to build a diverse portfolio of 
            promising oil and gas properties and prospects. We plan to continue 
            pursuing other promising prospects that should help us build a 
            diverse portfolio with long-term value for our shareholders," says 
            Mr. Ted Kozub, Chief Executive Officer of KOKO Petroleum, 
Inc</I></P>
            <P><I>&nbsp; The Barnett Shale is the largest natural gas play in 
            Texas. It is presently producing 900 MMCF of gas per day and is 
            considered one of the largest U.S. domestic natural gas plays with 
            sizable, remaining resource potential. The first Barnett Shale wells 
            were drilled and completed in the early 1980s by Mitchell Energy of 
            Houston, Texas. According to an in-depth 2004 sector report on the 
            Barnett Shale, developed by Morgan Stanley , the Barnett Shale play 
            is estimated to hold reserves in the non-core area that could be as 
            high as 150 BCF per 1,000 acres. The report estimated that because 
            of the amount of gas available in the area, successful wells in the 
            Barnett Shale should be economically viable in almost any gas price 
            environment. There are 75 rigs currently operating in the area.</I> 
            <EM><BR><BR></EM><FONT size=2><EM><BR><BR></EM></FONT><B><FONT 
            size=2><EM>KKPT is getting ready to break out. We recommend this as 
            a VERY strong buy.</EM></FONT></B></P>
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      <P align=justify>&nbsp;</P>
      <P align=justify>The Company presently has working interests in four producing wells in the Corsicana area in Texas. <br>In addition, the agreement entitles KOKO to conduct 3D seismic on the entire acreage to identify possible deep structures for exploration.  <br>LAS VEGAS--(BUSINESS WIRE)--Oct. 20, 2005--KOKO Petroleum Inc. (PINK SHEETS:KKPT - News) announced today that is has funded the first phase of the Redevelopment Program for its Corsicana Project with JMT Resources, Ltd. Fort Worth, Texas. KOKO will participate in the Development of JMT's Corsicana Field, which will implement Enhanced Oil Recovery (EOR) technologies on its 4,000 acre leasehold located in Corsicana, Texas.  
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