"Seriously, if you want to make money on oil you have to buy Albert's Light Oil plays. The hottest properties now, with very high netbacks are Swan Hills were the payout (return of your cost) range from 20 weeks to 1 year."

FYI,

Great Pacific International GPI.V - GPIPF.OTC

Jr Oil & Gas very active in Alberta, Canada.

Has Penn West Petroleum (PWT.T) as a farm in & operator with the Red Earth Alberta property.

Red Earth property has over 40 producing wells.

January 11, 2011 - Farms Out Property 50% to Penn West Petroleum Ltd.
Other Alberta Properties

- Wildmere Oil Project
- Manning Heavy Oil Project
- Hanna Oil and Gas Prospect

The company is also evaluating international opportunities including Bakken Oil Plays in Montana and North Dakota.

Outstanding Shares: 47,428,432

52 Week High -Low: $0.235 / $0.025

Website: http://www.gpicanada.net