tomorrows trading, page-7

The "independent expert" has actually said that 466BOPD is the "optimal" level. the Operator is actually taking that advice and treading very warily because of past experience in this field.
Just getting it to 466BOPD will be a major boost to our financial position.
Now, let's also not forgwt these numbers from the log tests.
Atzam # 4 - Initial ELAN and CMR Log Interpretation Results
Zone Depth Thickness % Porosity % Oil Saturation Permeability
C13 A 1748-1794 46 feet 15-45% Up to 53% Up to 559 md
C13 B 1806-1824 18 feet 20% Up to 49%
C14 A 1845-1860 15 feet 28% Up to 54%
C14 B 1902-1915 13 feet 13-15% Up to 74% Up to 131 md
C16 A 2464-2470 16 feet 15% Up to 58% 1,390 md
C16 B 2494-2514 20 feet 10% Up to 73% 50 md
C17 A 2772-2774 2 feet 12% Up to 90% 100
C17 B 2846-2854 8 feet 6-8% Up to 50%
* Porosities and oil saturations not measurable because of large hole diameter caused by extremely fractured and friable limestones and dolomites in the section. The C18 N and O correlate to the producing section in the Atzam #2 well as does the top of the C19. Oil and gas shows in the zones while drilling and a structural gain of 270 and 240 feet respectively indicate productive intervals.

The Atzam #4 well produced impressive oil shows during the drilling of the well through the C13 and C14
carbonates, complemented by higher than expected permeability and porosity results from the electric logs
over these sections. This established the C13 and C14 carbonates as two of the reservoir sections in the well
that display strong commercial potential, and are the main producing zones in the nearby Rubelsanto Field.

Oilman, did you notice that Brett called him "Pete"!!

No options sold today either.