Ann: Fracture Stimulation Operations Underway , page-2

Good to see the frac crew turning up on time - results expected by the end of next week.

You will also note in the announcement that AZZ is addressing the poor decline on FD2 with a more robust fracture using ceramic beads to keep the shale bleeding oil for longer. As this play matures the completion methods will improve and the results will get better.

What might we expect for the IP of FD4? Worth looking back on the announcement on 9/06/10 FD4 "the quality of the mudlogging shows were greater than that of previous wells as we begin targeting discrete intervals of enhanced porosity and permeability within the overall Eagle Ford shale section".

So FD5 has a horizontal length similar to FD3 (4400 vs 4650) but higher porosity + improved fracture.

I think more oil should flow from this one and I'm tipping an IP of 1000+ BOPD.