Ann: Development Update , page-4

Jasace

Steady as she goes.

Certainly looks like the demand on frac crews is high with a few wells still to be fracced that have been waiting.

I notice that the oil report indicated alot of oil in storage and that maybe a short term factor. SSN is also struggling at the moment but I read that the SAA Advisory that had both SEA and SSN as buys has changed their rating on SSN to hold but SEA is still a strong buy.

Luap mentioned about consolidation and I think andhoep we are seeing that here.

The 20% Henderson well will be important as well as the quarterly as we see the impact of higher oil flows.

All in all its progressing well. It really is a grwoth story and the grwoth is occurring.