sweepstake, page-17

Shrewd Crude,

It is my understanding that ELK includes the costs of their new with their production numbers which is why it seems high. When you consider all of the new gas plays that they have been acquiring plus the costs of the workover programs at SDS and the EOR programs I think that it is amazing that they are cash flow positive. That shows that the management team are on track and delivering to the game plan.

IMO that means that ELK's potential is getting bigger.

There is more than one reason why this register is tightly held.