Exhibit 16.1
October 26, 2005
Office of the Chief Accountant
Securities and Exchange Commission
450 Fifth Street, NW
Washington, D.C. 20549
Re: Capco Energy, Inc. (File no. 0-10157)
We have read Capco Energy Inc.’s statements included under Item 4.01 (a) in the attached Form 8-K/A dated October 7, 2005, in connection with the termination of our services as the independent registered public accounting firm for the Company, and are in agreement with the statements contained therein.
Yours very truly,
/s/ Stonefield Josephson, Inc.
Stonefield Josephson, Inc.
Irvine, California
Encl. Proposed Form 8-K/A
1