Tuesday, December 27, 2005

Arapahoe Buys Xoil

Trouble at the India Pakistan Border a
s Bush-CIA-Carlyle connected oil company
starts explorations in Rajasthan

Arapaho Announces Signing of Letter of Intent to Acquire XOil

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Dec. 23, 2005) -


Arapaho Capital Corp. ("Arapaho") (TSX VENTURE:AHO) announced today that it has entered into a letter of intent dated December 23, 2005 with Gynia Holdings Ltd., a private company incorporated in British Virgin Islands ("Gynia"), pursuant to which Arapaho will acquire all of the issued and outstanding shares of INXOil (Cyprus) Ltd., a private company being incorporated in Cyprus ("XOil") by way of a share exchange with the shareholders of XOil that will result in the shareholders of XOil receiving shares of Arapaho (the "Acquisition"). Pursuant to the terms of the letter of intent, Arapaho has agreed to issue approximately 42.4 million common shares of Arapaho for all of the common shares of XOil, which will represent approximately 68.9% of the issued and outstanding shares of Arapaho post Acquisition, but prior to the financing described below.

XOil is being established to acquire, from Focus Energy Ltd., a private company incorporated in India and beneficially owned by Gynia ("Gynia"), a 50% participation interest in a production sharing contract with the Government of India dated September 23, 2005 relating to an oil and gas exploration property located in India and identified as Block RJ-ONN-2003/2 ("block"), covering an area of approximately 3,260,550 acres, located in North West Rajasthan state. Virtually no exploration, apart from 127 km of 2D seismic and a low resolution gravity survey, has been undertaken in the block so far.

Pursuant to the terms of the letter of intent, it will be a condition of closing that Arapaho or a subsidiary enter into a purchase and sale agreement to acquire all of the issued and outstanding shares of XOil II Holdings Ltd., a private company being incorporated in Mauritius ("XOil2") in exchange for approximately 33.9 million common shares of Arapaho which, when exercised, will result in Gynia and its affiliates holding approximately 80% of the issued and outstanding common shares of Arapaho. XOil2 is being established to acquire from Birkbeck Investments Ltd., a private company incorporated in Mauritius and beneficially owned by Gynia, a 40% participation interest in the said block from Birkbeck.

The block is located adjacent to and north of Block RJ-ON-90/1, in which Cairn Energy, PLC, a UK oil explorer, has drilled 84 wells. Cairn has announced a discovery named as "Mangla", located approximately 50 km from the southern boundary of Block RJ-ONN-2003/2. As per independent technical consultant estimates, Mangla has in place 2P reserves of 1,067 mmbbls of oil as of March 2005. Cairn has had an average exploration success ratio of 32.4% in Block RJ-ON-90/1 with wells in the northern part having encountered reservoirs with excellent oil flow rates.

No production has yet been established in Block RJ-ONN-2003/2 so far and no reserves are claimed as of this date.

Chapman Petroleum Engineering Ltd. of Calgary, Alberta has been retained by Arapaho to provide an independent oil and gas report on Block RJ-ONN-2003/2. A more detailed press release containing a summary of the Chapman report and an audited opening balance sheet of XOil will be forthcoming shortly.

It is anticipated that the following directors and management of XOil, who have extensive technical, operational and commercial experience in India, will serve as directors of Arapaho upon completion of the Acquisition. Mr. Anil Aggarwal is also the controlling shareholder of Gynia:

Mr. Anil Aggarwal, New Delhi, India. Mr. Aggarwal has owned and managed a diverse range of businesses during the past 22 years, including businesses engaged in business process outsourcing, footwear marketing, hospitality and commodities trading.

Mr. Ajay Kalsi, New Delhi, India. Mr. Kalsi has managed several businesses engaged in a diverse range of industries including oil and gas exploration and footwear manufacturing. He is the key individual responsible for negotiating and acquiring the production sharing contract for the block on behalf of Gynia's affiliates. Mr. Kalsi holds a M. Phil in Business Economics from Cambridge University and a Bachelor of Science (Economics) from the University of London.

The board will be suitably expanded to incorporate independent directors and other directors in line with the requirements of Arapaho.

Pursuant to an engagement letter dated December 23, 2005, Jones, Gable & Company Limited has agreed to act as agent on a "best efforts" basis in connection with a proposed financing (the "Pre-Acquisition Financing") of subscription receipts of Arapaho at a minimum price of Cdn. $2.00 per subscription receipt (the "Issue Price") to raise gross proceeds of not less than Cdn. $25 million. Each subscription receipt will entitle the holder to receive one unit (a "Unit") of Arapaho without payment of any additional consideration, subject to adjustment in certain events. The gross proceeds of the offering less the agent's estimated out-of-pocket expenses will be held in escrow and will be released to Arapaho upon satisfaction of certain escrow release conditions and the subscription receipts will be automatically exercised upon the satisfaction of the escrow release conditions. If the escrow release conditions are not satisfied prior to March 31, 2006, the escrowed proceeds will be used by Arapaho, together with other funds on hand, to repurchase the subscription receipts. Each Unit will consist of one common share of Arapaho and one-half of one common share purchase warrant. Each whole common share purchase warrant will entitle the holder thereof to acquire one common share of Arapaho for a period of two years at an exercise price of Cdn. $3.00; provided that if the common shares of Arapaho close at Cdn. $4.00 or higher for 20 consecutive days at any time after four months following the Closing Date (the "Forced Acceleration Event"), the expiry date of the common share purchase warrants will occur 30 days after the dissemination of a press release announcing the accelerated expiry date (the "Force Acceleration Expiry Date"). In connection therewith, Jones, Gable will receive a cash commission of 5% of the aggregate gross proceeds raised and that number of broker warrants that is equal to 5% of the number of subscription receipts sold exercisable at the Issue Price into Units until the earlier of one year after the Closing Date and the Forced Acceleration Expiry Date if the Forced Acceleration Event occurs. The net proceeds of the Pre-Acquisition Financing will be used for exploration of the block and for general corporate purposes.

Jones, Gable has also agreed, if required and subject to completion of satisfactory due diligence, to act as sponsor in connection with TSX Venture Exchange listing matters. An agreement to sponsor should not be construed as any assurance with respect to the merits of the Acquisition or the likelihood of completion.

The Acquisition is subject to several conditions that must be satisfied or waived by the parties before the Acquisition can be completed. In addition to the usual conditions, the Acquisition is conditional upon the completion of the Pre-Acquisition Financing substantially on the basis described above, XOil, XOil2 and Arapaho not having any material liabilities (contingent or otherwise) other than XOil and XOil2's commitments under its agreement with the Government of India with respect to the block, receipt of the approval of the TSX Venture Exchange and any other required regulatory approvals and the approval of the shareholders of Arapaho and of XOil.

Upon completion of the Acquisition and the Acquisition Financing, Arapaho will have issued and outstanding approximately 61,483,333 common shares distributed as follows:

Number of Common Shares Holders
----------------------- -------------------------------------------

6,600,000 the current shareholders of Arapaho

42,383,333 the former shareholders of XOil

12,500,000 common shares issued in the Pre-Acquisition

Arapaho will continue to have approximately 6,250,000 common shares issuable upon the exercise of common share purchase warrants issued in the Pre-Acquisition Financing. In addition, options will be issued to officers and directors of Arapaho to acquire common shares of Arapaho. An additional 33,906,667 common shares of Arapaho would be issued on completion of the purchase of all of the issued and outstanding shares of XOil2.

Completion of the Acquisition is subject to a number of conditions, including TSX Venture Exchange acceptance and disinterested shareholder approval. The Acquisition cannot close until required shareholder approval is obtained. There can be no assurance that the transaction will be completed as proposed or at all.

Investors are cautioned that, except as disclosed in the management information circular to be prepared in connection with the Acquisition, any information released or received with respect to the Acquisition may not be accurate or complete and should not be relied upon. Trading in the securities of Arapaho should be considered highly speculative.

The TSX Venture Exchange has in no way passed upon the merits of the proposed Acquisition and has neither approved nor disapproved the contents of this press release.

The shares of Arapaho have been halted from trading and will remain halted until the TSX Venture Exchange has had an opportunity to review additional documentation.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.


Arapaho Capital Corp.
Brian E. Bayley
(604) 689-1428
(604) 681-4692 (FAX)


Focus Energy Ltd.
Vikas Agarwal
General Manager
91 98112 91643 or 91 11515 00515

Friday, December 16, 2005

Christmas Predictions for Bush

Is the Hammer tapping on George?

Just after Bush:
1. Vice President of the United States - Dick Cheney, not looking too strong nowadays,
2. Speaker of the House - Denny Hastert (out if he gets indicted; and if Delay skates he moves here). Hence the (p)resident makes a statement on the 15th of December 2005 that Tom DeLay is innocent of any wrongdoing in the redistricting of Texas and the laundering of campaign fund contributions. Thanks for clearing that up George, was he actually taking orders from you? Lemme see now, you pardon Tom if he can't get out on his own and then after you throw Cheney to the lions with the help of Henry Gonzales, Tom takes Dick's number two post and then if you get indicted George then Tom returns the favor by pardoning you! Will Tom save you from the guillotine? Should he? Talk about a gamble...

Next year's future:
madman at the helm ! Hell bent strongman Bush steers mankind toward the Rapture!

It is not a light wieght year, but certainly most interesting times. An in-depth understanding of evil awaits us as George W. Bush and Tony Blair take the world’s citizens on a tour of the hell they blithely create to sell small arms and nuclear armaments through their Carlyle Group. We find that The President is more determined than ever to stay the course fueling resistance to empire by means of low intensity and all-out war which is the front end of the family business for the last 300 years.
C ontent in the illusive world of religious idealism feigning innocence, and thumping a Bible Bush lectures that “People will suffer and die... Armageddon approaches... none of us will be alive after the Rapture... sinners will fall to the Devil and I’ll be in heaven with my Lord. I’m a facilitator of the Judgement Day. Nuke them all and let God sort them out.”

Very interesting to note the character and circumstance of the opening winter solstice angle of Pluto 2 Hades starting the year with a deepening depression from the (P)resident on down. A desperate White House resident, Bush swings madly from arrogance to insipid morbidity. This year marks the 299th anniversary of the British Isles. In 1707, England and Scotland merged together to become Great Britain in The Act Of Union. That year was marked by the last conjunction of Pluto and Hades. The cycle is a rather long one with the next ocurring on 30 July 2471. So having missed the last but having a ringside seat for this opposition, I am looking to the English Empire having its defining moment and that we shall witness a truly remarkable event as the English speaking world gets to experience real deep divisive destructive dissolution in the crisis of ideals where there are no compromises. The dangerous, destructive, and despicable actions of the British and US governments under the direction of the arms dealing ‘3 Musketeers’ Bush, Bush, and Blair to whip -up an evil immoral war to grease the coffers of the trans-global arms manufacturing which the three actively and aggressively represent; well, who’d a thunk? The last time that Pluto and Hades had an opposition was in 1247 the year of the death of Robin Hood and also the year Jerusalem (under the rule of the 5th Crusade) fell to the Khorezmians from the modern Uzbekistan area. Interesting that this was the date that the Christians were chased out of Jerusalem.

12/21/2005 Pluto Hades
An evil change. Increasing poverty. Growing sorrow. Decadence. Unreliable. Failure to act. Dishonesty. On the decline. The situation or condition worsens.

12/25/2005 Mars Cupido
Establishing married life. Active in a community. Artistic activities. Marriage intentions. Working artist. Work partnership.

1/8/2006 Zeus S/R
Leadership. Direction. Irresistible force. Compulsive behavior. Nearness, the immediate present. Directed energy, targets and goals, ambition, creation, projection. Aim. The king of the gods and husband of Hera. Fire, reproduction, creation, fiery, creative.

1/15/2006 Mars Jupiter
Joy of work. Fortunate acts or accomplishments. Lucky Deed. Joyous happenings. Betrothal. Fortunate deed. Creating something. Production. Propagation. Pregnancy. Generation. Children. Fruits and births.

1/20/2006 Mars Hades Pluto
Worthless plans, which cannot be brought about, and are out of date. Sinking into a serving condition. Failure caused by heavy duties. Slackening of service caused by overwork. Corrupt and degenerate and devilish plans and manipulations.

1/22/2006 Apollon S/R
Experience. Success. Glory. Peace. Trade. Commerce. Science. Expansion. Far and wide. Expansiveness, width, many, spreading out, multiplication, specialization. Apollo is the Greek and Roman god of sunlight, prophecy, music and poetry. "lots of", progressive, abundance.

1/31/2006 Jupiter Poseidon
Wisdom. Intelligence. Reason. Right. Understanding. Common sense. Instinct. Insight. Intelligence. Conscience. Mental happiness. Justice.

2/1-3/2006 Mars Admetos Poseidon
Courses of instruction with only a few participants, part of it, active or passive. Activity connected with education or training. Culture or education in a special field. Mental submission. Mental suppression. Suppression of spiritual liberty.

2/4-5/2006 Mars Kronos Admetos
Receiving an unusual order. Decrease of work and duties to carry out a special commission. Leading activity in a small circle or special work. Acting independently under limited circumstances and physical space. Restricted independence. The state says "cease and desist". Heavy pressure applied by the state. Tyranny.

3/4-7/2006 Jupiter Hades
Clouded happiness. Lack of money or money losses. Poverty. Baseness. Dirty financial transactions. Bargaining. Saddened, disturbed or hidden happiness. Lucky with raw materials, old materials, junk, or black market.

3/13-14/2006 Mars Cupido
Establishing married life. Active in a community. Artistic activities. Marriage intentions. Working artist. Work partnership.

3/16/2006 Pluto Hades Kronos
The incompetent chief or boss. Failure of leadership. Incompetent government. Growing dissatisfaction with the government. A bad relationship with the chief or with the government. Meanness and treachery usher in evil changes. Immense wicked deeds are developed. The growing gigantic evil. Large failure.

--Michael Jordan copyright 12-16-2005

Wednesday, December 14, 2005

Scenarios In The Stars

Bush sacrifices Cheney to Fitzgerald and asks for the indictment from Gonzales while Rumsfeld Resigns/Retires to Taos, NM/St.Michael's, MD. Cheney gets a pardon from Bush and retires to GUESS! Where? St. Michael's, MD!!!! Meanwhile who's VP? Tom "the Hammer" DeLay as the Speaker of the House beats the rap in Texas and returns as the next in line for the Presidency as the Vice President while Joe Lieberman becomes the new Secretary of Defense in a cross party lines switch just as the William Cohen move in the Clinton Administration and what a deal because you get two Israeli Arms dealing demons either way!! Condoleeza becomes the continuity and being the most easily controlled she Brays On!