cel breakout , page-33

I dont know if I am reading the last announcement correctly or not but as far as I am concerned they are flow testing the sidetrack in the Ellenberger then fraccing the sands and flow testing them as well. Someone pointed out that if they are happy with the flow from the Ellenberger they will not frac and flow test the sands....I dont understand that to be the case.

I believe flow rates in excess of 4-5 MMcfd are easily achievable and if they get condensate as well then todays MC is going to be multiplied many times over. If this well is successful then the sky is the limit as the land we own will rapidly increase in value.

I dont think we have to worry at all about the options being exercised and that is the reason I have been topping up all week.