antares energy adding more wolfberry producers, page-6

Gerkin02,

Your obviously researching the Permian more than I am, so you'll know where they are drilling the horizontals (county wise).

Antares show no sign of even looking at Horizontal wells as yet.

Dawson does not look good in either project area going by the barrels of oil produced.

Linn seem to be the biggest player in Howard that I've seen so far.

I don't mind Antares buying more leases there, the question though is how much are they paying for them??

I suppose we will have to wait until end of April to find out. No sign of them wanting to do horizontals there either.

The number of excuses they are coming up with as to why wells are not performing as expected is ridiculas. THey need to stop the drilling for a while until they get the other issues resolved.

They are just pissing Shareholder money down the drain with all these repairs and workover's of new wells.

11 Months on and still they have not sorted Pecan 2 what sort of outfit are they, repair the casing and frac the well, which is right next to one of the best producers and get it online, not hard - but it is to them.

Lonestar is starting to turn into a good well.

Will leave any other comments until I get to see the RRC numbers for the leases for Feb.

Still waiting on the Yearly report, which should be very interesting as to what id does and doesn't disclose.

LOTM