Just taking a few moments to review and reflect on some of the postings on this Board for CGX Energy during the sleepy days of 2007 and 2008. And now we are within 6 months of drilling results. Wow. I really want to thank Zibo, duncanmcl, and mineralfan for their many early 2007/2008 postings and keeping the stock alive for our investment club, well done guys. There are some excellent posts over the past few months, and the short, concise summaries (as outlined below) which are posted on a regular basis by the Hub Leaders are great.

Fully funded for two offshore wells - Eagle-1 well (100%) on Corentyne license to be drilled to 4,200 metres - Ocean Saratoga Semi-Submersible drill rig contracted. On route to Eagle 1, and should be drilling by Feb 01 (and as CGX reports, an official announcement will be made by CGX when the Ocean Saratoga starts drilling)

-- Jaguar 1 well (25% with Repsol (operator), Tullow and YPF) on Georgetown license to be drilled to 6,500 metres - Atwood Beacon jack-up rig contracted. The well has a proposed total depth of 21,325 feet (6,500 meters) with drilling operations expected to last six months (this spud should be announced any day now....presumably with an official announcment from CGX, as stated in some previous postings).

So the waiting process begins, but for some of us who have followed this stock for many years, this is the fun part, and the slow steady increase in stock price is a good reason to enjoy the anticipation process for results over the next few months (ka ching)