Speak with other shareholders about: (OTCBB: SOPO), (OTCBB: IFLI), (OTCBB: DHNA), and (OTCBB: SKPI) .

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Source Petroleum Inc.

 

(OTCBB: SOPO) Source Petroleum Inc. announced yesterday that production tie in for its gas discovery at Woking, Alberta has been completed and is currently producing gas in excess of 1.7 mmcf/day. Expected production from this well was estimated at an initial rate of 500-1000 mcf/day with NGLs of approximately 20 bbl/mmcf. Source Petroleum is very pleased to announce that production from the first Woking well has exceeded company expectations by well over 700 mcf/day. Source Petroleum's Woking property is a high impact gas play approximately 17 miles east of the Saddle Hills discovery, which has produced over 41 bcf (billion cubic feet) of gas from 4 wells since 2002. The property is anticipated to potentially contain up to 40 - 50 bcf of potential gas reserves from multi zones and in close proximity to existing infrastructure. It is expected that this production will ensure steady long term cash flow for the Company moving forward with tremendous drilling and production upside as well. Source Petroleum holds a 37.5% interest in the Woking discovery.

 

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The International Fight League

 

(OTCBB: IFLI) The International Fight League, the world's number one team-based professional mixed martial arts league, announced yesterday that it completed one of the busiest weeks, ending June 1st, in its one-year history with a number of landmark announcements. Capping the week was a near-sellout crowd of 6,977 on Friday night at the Everett Events Center just outside Seattle, the largest crowd ever to see an MMA or boxing event in state history. "May will go down as one of the landmark months for the sport of Mixed Martial Arts, and our outstanding events in Chicago and Everett show that the IFL brand is growing exponentially, with more to come," said Gareb Shamus, IFL co-founder and CEO. "With a growing number of long-term partners like Warner Home Video, MyNetworkTV, Microsoft Xbox, FSN and new partner HeadBlade, not to mention our world champion coaches and outstanding athletes, we are just getting started." In addition to record crowd, Friday night (6/1/07) saw one of the strongest fight cards in MMA in 2007, as the Los Angeles Anacondas and Tokyo Sabres both posted wins to advance to the IFL playoffs August 2 at the Continental Airlines Arena in East Rutherford, New Jersey. The highlight fight of the night saw the Anacondas' undefeated lightweight Chris Horodecki take a decision from the Seattle Tiger Sharks' previously unbeaten former New York University wrestler Shad Lierley, a fight which announcers Stephen Quadros and Bas Rutten both dubbed the best fight of the year in 2007.

 

"That fight showed everyone what the IFL is all about," said Rutten. "You had two different styles go against each other in a very competitive weight class, and both athletes traded punches, kicks and other moves for every second of the three rounds. It is a fight that all MMA fans who weren't there will need to see on MyNetworkTV and FSN. It was the continued emergence of two of the next stars of the sport." The IFL has now drawn the largest MMA audience in the states of Illinois (Moline), Oregon (Portland) and Georgia (Gwinnett) in addition to its record in Everett, all in the past seven months. The groundswell of activity is not expected to stop any time soon, as the IFL moves to Las Vegas for its first-ever event in the state of Nevada on Saturday, June 16, at the Las Vegas Hilton. The final two playoff spots, as well as many individual slots in the year-end World Grand Prix, will be at stake when Renzo Gracie's New York Pitbulls meet Carlos Newton's Toronto Dragons, while Ken Shamrock's Nevada Lions take on Don Frye's Tucson Scorpions.

 

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Dhanoa Minerals Ltd.

 

(OTCBB: DHNA) Dhanoa Minerals Ltd., a production stage company formed for the purpose of acquiring, exploring, and developing natural resource properties, yesterday announced its plan to acquire more properties using revenues generated from its three mines in the Bella Rica region of southern Ecuador. This aggressive growth strategy has increased Dhanoa Minerals' gross revenue goals to 300,000 ounces of gold production by the third year. In the first year, production is projected to 100,000 ounces of gold, which, assuming gold is $670 per ounce, translates into initial revenues of $67 million. With the cost of production at $280 per ounce, this translates into impressive gross profits of $390 per ounce, or $39 million annually. Dhanoa Minerals management previously expressed their goal to generate gross revenues of no less than $170 million each year after year two of production, based on a recently completed resource extraction estimate for its three mines in the Bella Rica region of southern Ecuador. By the third year, Dhanoa Minerals plans for its current and future properties to produce 300,000 ounces of gold per year, resulting in revenues and gross revenues of $201 million and remains confident that the price of gold is predicted to increase, therefore Dhanoa's revenues could be correspondingly higher. "We have targeted and embarked on an aggressive acquisition plan to acquire promising properties throughout South America," stated Mr. Lee Balak, president of Dhanoa Minerals, Ltd. "The company plans to finance this strategy by using revenues generated from its Bonanza, Guanache, and Mollopongo mines. Revenues from these properties should be more than sufficient for our expansion goals to be met." In addition, today Mr Balak stated that the issuance of a 3% dividend for all shareholders of record at the end of the current quarter, ending June 30th, 2007, will be considered at the upcoming Board of Directors Meeting scheduled for June 15th.

 

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Sky Petroleum, Inc.

 

(OTCBB: SKPI) Sky Petroleum, Inc., an oil and gas exploration company, announced yesterday that the company has acquired a minority stake in the development of an oilfield in the Komi Republic of the Russian Federation The Company acquired a 3.9% interest in Pechora Energy through its UK parent company, Concorde Oil & Gas Plc. Pechora Energy holds the production license for the Luzskoye field in the Komi Republic, where it is carrying out appraisal drilling on the field. Concurrently the modest existing production will be increased through the work-over of four existing wells. The reserves and final development plan in will be determined following the results of the current appraisal drilling program." "We are pleased to announce this investment as it is our first transaction that diversifies our oil and gas interests," said Brent Kinney, chief executive officer of Sky Petroleum, Inc. "We look forward to announcing additional projects as well as updates on our current drilling operations at the Mubarek Field."

 

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As a trader, a very intelligent place to put your money, is where the money is flowing into. These are the kind of trades that you want to get into.

 

As the saying goes...follow the money!

 

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