hitting td in next 12 hours, page-2

Hi Yo. Unfortunately the CAY-3 well probably won't affect the SP much as it is a development well of an already discovered gas field. However having said that if there was a problem with the well it might affect the price adversely.

The likely plus's that might help the price in the short term are:

1. Better then expected Quarterly Report - Due out any day.
2. Gocerler/Ada/Cay reserve estimates/updates - Probably a little way off.
3. Further exploration drilling in Turkey. A little way off.
4. Plans for the Frac at Whicher. A few months off presuming everything goes to plan.
5. Much heralded increase in Turkish production (perhaps double current 17mmcfpd>) - A few months off.

Time to be patient with AYO at the present time.