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May 18, 2006
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549-0405
Re: Comment Letter Received May 12, 2006
CREDO Petroleum Corporation
Form 10-K, Filed January 30, 2006
File No. 000-08877
On May 17, 2006 I spoke with Mark Wojciechowski with the
Securities and Exchange Commission Division of Corporation
Finance and requested an extension of time for CREDO Petroleum
Corporation's response to the comment letter identified above
from May 22, 2006 to June 20, 2005. The company is requesting
this extension of time for the following reasons:
1. Due to previous commitments, key company personnel
responsible for responding to the SEC's comment letter
will be out of the country and unavailable until
May 30, 2006;
2. To allow the Company the required time to prepare for its
second fiscal quarter quarterly review and to complete
and file its Quarterly Report on Form 10-Q; and
3. To allow the Company adequate time to thoroughly
understand and address the comments presented in the
comment letter.
Please contact me directly with any questions or concerns
at 303-297-2200.
Sincerely,
CREDO PETROLEUM CORPORATION
/s/ David W. Vreeman
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David W. Vreeman
Vice President and Chief Financial
Officer
(Principal Financial and
Accounting Officer)
DWV/mdh