projected earnings for 2012-2013, page-34

No matter which way we look at things........


production rates of 200-250bopd in the Baaken is not an unrealistic expectation.IMO.


As far as the Niobara's concerned,speculative? Maybe

Terry Barr in his own words....

"50 unrisked drilling locations" from the 2011 Corporate Presentation.

What did he mean?

Only he and a few others know







CORE PROJECTS: EARLY MOVER INTO OIL PLAYS
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Drilling first well in Halliburton JV

16,577 net acres

" 50 net unrisked drilling locations "

Entry cost $50 per acre