200 feet of free oil!!, page-51

Really happy to see further progression on SOA, no wonder TB wanted a second crack at it. If the Permian can get the market excited what might the Pennsylvanian achieve?

It was HAL and Mountain Energy who decided not to participate in SOA, hence 100% WI. It will be interesting if HAL or (ME) will have another chance or opportunity to participate in any further conventional wells in the JV Agreement or will it just be for the Niobrara.

With initial results looking very promising and 250 well locations It will be interesting to see how TB will play this out, if his predictions of 50+MMBOE are correct I don’t think it will take too long before other players want in and consider some type of JV arrangement.

Would be more than happy to give up part working Interest if it meant the drilling costs were absorbed by another CO, it would also reduce the risk and capital outlay for SSN.

I’m sure TB will have something already in the pipeline.

Cheers Matsim