ssn enercom presentation, page-47

"That $28m will change though depending on what Australia and Gretel reveal, as per TB.

If they come up with the goods then they will be going on a 12 month continuous drilling campaign, what is $42m going to last, about 8-9 wells (at 6 million each 66.66% Interest and including revenue stream from other completed wells)."






Rock

If our interest in the Roosvelt wells is 66.66% (the number of the beast)

than the shared drilling cost for each well will be 66.66%,which means our $42m goes further and get's us more wells.