in related news, page-32

Stapleman, the point to emphasise here is we are talking potential based on seismic definition of zones that have proven positive for hydrocarbons.

Whether we get to 70-80MB+ is very much in the hands of testing. Solimar released figures in 3/12 that suggest the Lower Antelope alone may be as large as 60MB. Whether this is the case or not should largely be proven by the PD-1/PD-2 tests.

Flow rates for your average Monterey shale in our locality are about 170boepd on initial flow. Horizontzl wells would increase this rate dramatically. This rate could apply to each of the shale zones while conventional reservoir zones should yield higher results. Perhaps 200-400boepd, with similar enhancement from horizontal drilling if required.

DOGGR home page:http://www.conservation.ca.gov/dog/Pages/Index.aspx

Check out the GIS maps. If you know roughly where to look you can find all but the very latest wells from Neon (and competitors)