HERE THEY ARE

• Net Loss through Q3 of $2 million - $3.2 M worse than 2008
• Revenue through Q3 of $4.8 million - $7.9 M below 2008
• Net profit Q3 of $800K - $2M lower than Q3 2008
• NG Production down 14% from prior year
• Accounts payable decrease of $4,683,735 or 45.4% from the accounts payable at December 31, 2008, of $10,320,187. This decrease was due to applying prepaid drilling remittances to trade accounts payable as aided by payments on other trade account payables.
• Turnkey drilling revenues decreased $4,064,292 or 64.8% to $2,205,253 from $6,269,545
• Impairment losses of $98,075 and $820,966 for the first nine months of 2009 and 2008
• Current assets $6,010,981 and current liabilities totaling $10,889,090, a $4,878,109 deficit.
• Operating expenses decreased by $723,459 or 38.9%
• Depreciation, depletion and amortization expense decreased $1,027,518 (39.5%)
• G&A expenses decreased by $378,084
• Marketing expense for the nine months ended September 30, 2009, decreased $266,439, or 29.1
• Legal and accounting expense decreased $409,916 or 38.4% decrease
• Interest expense decreased $115,784, or 59.3%
• Income tax benefits increase of $1,910,989 or 306.2%
• ROYL not in compliance with the current ratio financial covenant - obtained a waiver
• Aaccounts receivable decreased $1,940,227 (51.7%)
• Cash provided by investing activities decreased $465,676 or 80%. The difference stems from the sale of our Rio Bravo field during the third quarter of 2008.
• Capital acquisitions of $4,624,421 or a 94.7% decrease
• During the third quarter of 2009, the Company liquidated all its Equity Securities