ssn ta review, page-2

LFC..the test at 14c has not been broached which i see as resistance. As you say a steady incline ..which forms the perfect ascending triange. A break of 14c will see the next level of resistance 17.5c tested in the short term. After that it could be anything.

Clearly entering a new phase with the Hawk Springs viability now being the catalyst for bigger things. interesting comments on Constellation today which i thought was being put off until after Montana FPEC drilling. Whilst it had to be spud for lease preservation they may even try and drill it if all goes well with the Evergreen rig. Correct me if my assumptions were wrong.

I still feel there are some serious negotiations being made regarding futher JV following a formal release of well productivity. This will protect HAL or give them 1st right of refusal. They wouldn't want a left field offer prior to the arrangement being ratified hence the softly softly approach so far...

just my thoughts.again !

FP