Re: 0,16 CAD :o(

Saxon Oil Company HUB

Expanding Global Energy Portfolio

Dear Agoracom Family,

I want to thank all of you for your patience with us over the past 48 hours and apologize for what was admittedly a botched launch of our new site.

As you can see, we have reverted back to the previous version of the site while we address multiple forum functionality flaws that inexplicably made their way into the launch.

To this end:

1.We have identified 8 fundamental but easily fixable flaws that will be corrected in the coming week, so that you can continue to use the forums exactly as you've been accustomed to.

2.Additionally we will also be implementing a couple of design improvements to "tighten up" the look and feel of the forums.

Have a great Sunday, especially those of you like me that are celebrating Orthodox Easter ... As well as those of you who are also like me and mourning another Maple Leafs Game 7 exit ... Ugggh!

Sincerely,

George et al

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cvac01

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Re: 0,16 CAD :o(

in response to

Re: 0,16 CAD :o(

dan loan

posted on Mar 17, 2008 06:11AM

Hey Storm and all,

I am just as discouraged as all, but I didn't expect the market to react to favorably to the news on Italy Reserves. The only reason being, because nobody realizes the value this company holds in its North American Assets and now its European Assets. We need more eyes and just don't have them. Very Simple!!

Management is working hard behind the scenes to get things done and IMO are understaffed. Their BOD is a big issue and I hope we see some changes there and have always thought that.

Only good thing about SXN right now is the fact the markets are so terrible and we trade so thinly that we are basically unaffected.

Things will come together and the 51-101 (Engineer Report) will discuss things in detail for 2 of the 11 permits in Italy.

Some things I would like to see near term are:

- Improvements to website, new BOD, More AleAnna, Spin-off Kansas, and some decent results out of New Mexico.

IMO we must have had some troubles with the Eumont Well or we would have heard back by now. I am sure is it technical in nature and we will hear about it shortly, but I really have no idea and don't know what kind of results to expect.