Management feels this acquisition puts Curlew Lake in a good position in an increasingly active oil exploration area. Curlew Lake published details on its website (www.curlew-lake.com) in 2004 of an article written by Dr. Alan Chamberlain, Ph D. entitled "Elephant Hunting in Nevada", on the subject of potential oil reserves in the Great Basin of Nevada. Dr. Chamberlain is an independent geologist who has spent 30 years studying this area. His work, together with information from a number of other sources, has influenced Curlew Lake's interest in this "frontier type" oil exploration area. Dr. Chamberlain's article specifically referred to one well in the Grant Canyon field of Nevada, which flowed 4000 barrels a day for ten years, and has now produced more than 15,000,000 barrels of oil since its discovery in 1983. Based on Dr. Chamberlains geological interpretations, which "speculates that oil seeping from these potential giant fields is probably the source for the commercial oil seep fields in Nevada", management of Curlew Lake is of the opinion that this area has significant potential.
Recently Curlew Lake announced its listing on the U.S. Pink Sheet
Market. Curlew Lake will continue to work towards an OTC BB listing
in coming months.
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