some seem to want to be optimists, page-46

One well so far

Tooheys 4-15-14HBK (SSN WI 27.7%)
Flow-back operations on this well are underway and in the first 38 hours of this operation 1,589 BO
and 3,778 BW were recovered, representing an oil rate of 1,000 BOPD. The well is being flowed
on a 28/64th choke and is therefore not flowing at its maximum potential. It is currently anticipated
that the oil rate will increase over the next week as the water production decreases and the well
cleans up. While the flow back period measured is relatively short, it is nevertheless above the
Company’s pre-drill expectations.