: January 6, 2008 Norwood Commences Mobilization of Drilling Equipment from Oklahoma to Nicaragua The mobilization was delayed by severe weather conditions prior to Christmas, which slowed the progress of modifying and refitting of the new rigs to meet the upcoming program specifications and ship scheduling issues. Read the full news realease here.

Foothills First Range In 2007, Foothills Resource Services acquired First Range Drilling to provide wireline coring services, shallow drilling for conventional coring services and surface casing pre-set services for drilling operations. Foothills First Range Drilling Rig #1 is an Ingersoll-Rand TH60 hydraulic top drive, on a carrier truck, capable of drilling up to 400m. The entire operation moves in three loads. The second load is a tractor trailer unit consisting of a mud tank, shaker and D300 pump with a bank of 671 Jimmys. The third load is a tractor trailer unit which carries the drillpipe, doghouse and light plant. The system is purposely kept lightweight and with a small number of loads to maximize the number of wells that can be pre-set and or drilled and cored. Foothills First Range operates with three experienced crews under a rig manager. The rig manager has over 10 years experience with such an operation. Crews work 12 hour shifts, two weeks on and one week off. Foothills maintains personnel policies to ensure that superior crews are employed and retained. Combined with Foothills' vast coring experience, Foothills First Range provides world class service in the surface casing pre-set, shallow drilling and coring service industry. This unique combination allows for cost-effective service with high quality coring services, maximizing core recovery and integrity. FOOTHILLS FIRST RANGE DRILLING RIG #1 TRUCK MOUNTED SELF MOBILE DRILLING RIG CARRIER-2002 WESTERN STAR,VIN# 2WLPCD2H81K968814 Model IR TH 60, SN# 0157 RANGE THREE MAST WITH RANGE 1 TOP DRIVE 45,000 lb PULL BACK WINCH TRACTORS 1993 International 9400 T/A w 5 ton Knuckle Jt Picker 1998 Western Star T/A LIGHT PLANT John Deer 75 Kwh MUD TANKS CAP. 10m3, DFTS SHAKER Model DF275SM, SN# 2005005 MUD PUMP EMSCO D-300 TWIN BANK 671 JIMMYS 152 LINERS X 304 STROKE MUD PUMP & MUD TANK TRAILER 1998 LODEKING TRAILER, VIN#2LDSD533XW9028676 MUD PUMP IN BUILDING 8.1m L X 2.88m W X 2.3m H DRILL STRING 38-2 3/8 IF x 4” Flush Joint Drill Pipe 6.1 LONG (4” O.D.) 3- 4 3/4” COLLARS 6.1m 1-6 ¼” COLLAR 6.1m DOG HOUSE 1-3 phase 220v HEATER 1-CLASS 3 FIRST AID 1-EYEWASH STATION STANDARD ASSORTMENT OF HANDTOOLS, WRENCHES, SOCKETS, ETC. RIG MANAGER OFFICE/SLEEPER PRIVATELY OWNED FIFTH WHEEL HOLIDAY TRAILER MISCELLANEOUS SPARE PARTS FULL WIRELESS COMMUNICATIONS, TELEPHONE, FAX AND EMAIL.