strong oil & gas flows continue in colorado , page-45

41% of today's volume went through at 2.8c and I would presume the buyers there did not do so to make a loss.

When STers and DTers who bought over the past few days have gone I would expect to see this head back upwards.

To see one of our more negative posters put a value of 4c on AKK in interesting.

I would go for a farmin / JV with debt used to develop multiple holes simultaneously.

Off-loading a small part of our dirt would help to place a value now on the remainder to act as a floor to the SP.

I would expect several ANNs during this month as the choke size is increased and the oil flow rises.

All of which should send the SP higher.

Finally I am also expecting a strong afternoon as today's ANN becomes noticed by the wider market and its value implications are digested.

EB