estimated 3.4 billion barrels of oil exist in several sandstone formations in the area of the acquisition. MegaWest Energy plans to fund a work program over the next 30 months covering the first $15,000,000 of exploration, testing, and development expenditures on the Kentucky Reserves Project.
10.       Barnstable Brown Pediatric Diabetes Laboratories Dedicated at UK
The Barnstable Brown Pediatric Diabetes Laboratories, made possible by a $500,000 gift from the Barnstable Brown family, were recently dedicated during a ceremony at the University of Kentucky. The Commonwealth of Kentucky Research Challenge Trust Fund is matching the gift, boosting the family's investment to a total of $1 million. The funds were raised from the 2006 Derby Eve Barnstable Brown Gala in Louisville. The Barnstable Brown family shares an extraordinary devotion to curing diabetes. In addition to funding the UK Barnstable Brown Pediatric Diabetes Laboratories, the gala has enabled the family to give more than $2.8 million to diabetes research at UK, including matched state funds. The laboratories are part of the newly created University of Kentucky College of Medicine Kentucky Pediatric Research Institute, which targets the eradication of childhood diseases by leveraging the strengths of the university and its medical specialists.
11.       David Kryscio Wins NSF Graduate Research Fellowship
David Kryscio, who earned an undergraduate degree in chemical engineering at UK in May 2006 and is now pursuing a Master of Business Administration degree in the Gatton College of Business and Economics, has been awarded a National Science Foundation Graduate Research Fellowship. The Graduate Research Fellowship provides three years of support for graduate study leading to research-based master's or doctoral degrees and is intended for students who are at the early stages of their graduate study.
12.       Violence Research Center Launches Second Women's Campus Safety Study
In March, the Center for Research on Violence Against Women began a second UK Women's Safety Study, an anonymous telephone survey that was first conducted in 2004. As a result of the original study, President Todd allocated over $1.25 million to campus safety efforts. The purpose of this survey is to assess the perceptions of female students regarding violence against women and to measure the prevalence of victimization among the UK female student body. This year's study will also explore differences in perceptions resulting from campus safety efforts that have taken place in the past three years.
13.       UK, Kentucky State to Benefit from Multicultural Violence Study
UK is establishing an Endowment on the Multicultural Study of Violence Against Women in its Center for Research on Violence Against Women. The endowment, and the endowed chair and graduate fellowships it will support, will be created to benefit both UK and Kentucky State University.   Once established, the first project to be undertaken