Josef Schachter Geocan Energy Inc. GCA-T PAST TOP PICK Jan 23, 2007

They wear a heavy oil operator but are now transiting to natural gas and light oil. About 35% natural gas. Have some very high impact exploration potential in northeast British Columbia and Central Alberta. Doing about 3500 BOE's a day with about 500 behind pipe.

Just hit a dry well, so stock is down. Doing about 3,500 BOE’s a day and think they can do about 4,200 next year.

Got into some severe troubles. Have a big debt problem. Heavy oil and natural gas. Not sure how they're going to move forward.