very positive, page-3

While we don't know how much is in the sands it is a great result in my book and given them confidence enough to drill VA #2. This is no more or less than what they expected though why the announcement was so long in coming is anybody's guess.

I suspect the share price action will be muted, lot else going on today and PSa is not the most popular stock on the board. But it is great for PSA going into 2004. We know they have another 7 bcf at TD so we are on our way to another producing field.

Never been so glad to acknowledge that my vibes were so wrong!!!