operational advisory 23/1, page-3

Pumping total fluids of 450-500 bbls per day, with oil cut Increasing over the 5 day period to about 30% or 130 bopd. As frac fluid % declines oil cut and therefore bopd should increase

> 200 bopd still a strong possibility

Finally we start to see the picture clearing. Not earth shattering results so far, but a very good solid first step.

Cheers, Sharks.