capital raising, page-17

Agent007;

I don't know about the price but the fact that the leases are contiguous will, as they say, "create greater operational efficiencies ". Some of SEA's leases are poorly shaped and this should greatly add to drilling options. I know sharejon (and others) have been eagerly waiting for this news and I would think that we will see a new map of the shape of the lease holdings in the near future. I suppose what I am suggesting is that the nearby acreage just acquired is worth more to Sea than to companies with no acreage in the area.