Landmark Agreement Signed

The Thibawan Government is pleased to announce that we have concluded an afreement with EnCathay and Shiloh regarding the exploration and development of gas and oil in Thibaw in blocks 31,33,45. This includes a future agreement to the award future concessions to both of these companies. This agreement includes construction of two pipelines to China and Vietnam as well as environmental and social initiatives targeting community development.

Government to Help Fund Community Development Program

The Government of Thibaw is pleased to announce support of plans for a pilot community development project in connection with agricultural development. This program is a partnership between the Government and Nurture in support of the local community.

“We are pleased with the potential benefits of this initiative under the development expertise of Nurture. This has been in the government's pipeline for several months now, and we are confident of a successful working relationship and rewarding outcomes for the Tanyan community,” said Elizabeth Ichniowski, the official media relations representative on behalf of the government. The community was involved in the early stages of negotiations with Nurture, who will have a seat on the board of the Thibaw Fund and The Tanyan Community will be offered a seat on the board. The fund’s allocated to the nurture project will be held and administered independently.

This project is expected to commence in the following weeks. This will be the first of many long term sustainable projects targeted at addressing specific community development needs.

False Allegations

Rumors that Thibaw government has been involved in human rights violations through repression of protests and more are all false. The media is venting its embitterment at recent arrests of treacherous members by slandering the government at a time of preoccupation on several fronts. We will not stand for this, and expect that the international community will not entertain such outrageous claims with no supporting evidence.

The government is in fact involved in talks with a myriad of human rights and environmental organizations in order to best meet the needs of all stakeholders in future activity. We welcome talks with anyone who wishes to discuss these falsehoods.

Market Responds Positively to Wordsworth-Nurture Cooperation

London: Investors Journal 2 August

Wordsworth stock saw a welcome rise in recent days in response to announcements of cooperation between Wordsworth and the respected NGO Nurture on development initiatives in Thibaw.

“This is an indication of Wordsworth taking seriously the challenges of operation in a deprived community,” says analyst Matthew Shaw. “It shows that Wordsworth probably has reasonable expectations of establishing itself successfully in Thibaw.”

Wordsworth closed at 285, up 10 from recent levels and reversing a previous downward trend.

Arrest Made!

Surreptitious foreign paper The Patriot attempts to undermine earnest efforts of hardworking Thibaw government. Media is preventing government from doing its job by introducing corruption. The government must crack down on infiltration by harmful groups like this in order to protect the interests of its people and the nation as a whole. It is disconcerting to realize the potential dangers latent in outside parties that pretend to be aiming at the betterment of Thibaw.

Dissidents were shockingly involved in the treachery as well, after having made extremely high demands of the government before being willing to enter into any sort of deal. The government has arrested members of both offending parties and expects to see no further grievances of that sort.

The Government is looking into further ties with the NGO Humanity First.

Breaking News

There has been an arrest of member of a dissident group and a reporter from the washington patriot.

News Conference at 9:25 in the main room.

Shiloh and Wordsworth Woes

New York: Investors’ Chronicle July 10

"The recent unrest in Thibaw, following power shifts in the military government there, looks bad for US Independent Shiloh,” says respected analyst Chester Culbertson. “It’s widely rumored in the oil and gas industry that Shiloh was close to a deal with the Thibaw Government and the Chinese State company EnCathay, for development of gas reserves there. Until things calm down with teh prospect of longer term resolution, it’s hard to imagine Shiloh committing to a major investment there.”

Shiloh’s misfortunes are not confined to Thibaw. In a separate development it appears to be suffering a significant cut in production from the Dorothy field, in the UK’s North Sea, which is operated on behalf of a Shiloh/Wordsworth joint venture by Britain’s Wordsworth Energy.

Shiloh’s shares closed at 6.78

“Shiloh may well be regretting ever cooperating with Wordsworth,” said noted commentator Stephen Botts yesterday. “Production losses resulting from the recent accident on Dorothy are hitting both companies. At this rate it’s hard to imagine them getting into further joint ventures elsewhere. And Wordsworth’s profits will be down badly for the year unless they can get Dorothy fully back on line soon. So far we’ve no idea when that can be expected.”