Ann: NWE: Xanadu Discovery Update, page-14

This release told me exactly what I wanted to hear. Probably the same source, so probably Xanadu and CH flooded with oil and the JV is going for the big play with a 3D of as much of the structure that they can. I support this. Hopefully by April 2018 we will know how much there is in total and in the meantime TEG keeps working on increasing the production output of CH. Their plan to fill Arrowsmith is on song and GAS is steaming. The likelihood of the Xanadu and CH related structures providing huge oil reserves appears very high. Around 4-5 month wait and away it goes. No guarantees but this looks huge. In my view the SP will slowly appreciate now until lift off and the increases in CH will help that. I am going into hibernation with this share, not selling, got plenty. I will just sit back and watch.