ITEM1. DESCRIPTION OF BUSINESS General Weare anindependent exploration and production company focused on the acquisition,exploitation, development and sale of crude oil and natural gas, in IrbilProvince of Kurdistan, Iraq, in the Barnett Shale in Texas and the FayettevilleShale in Arkansas.  Weare aNevada corporation, headquartered in Washington, DC and Houston, Texas. Ourpredecessor company for financial reporting purposes was formed on August 17,2005. Our...