Great Bear Tactics ???, page-58

So both Alcor and Alkaid were suspended eh Bromb.

Great Bear were operator, even tho theyd entered a pilot well development program with Halliburton.

I was a tad worried that Halliburton were operator on these wells that were suspended, due to poor management it seems. But this assumption was incorrect. Id have been surprised if H had made the mistakes that GB had made with these wells.

Given that H are a premier services outfit and have oodles of cash they could be a potential partner in a lateral program with us at Icewine.

One in fact wonders if they are now looking seriously at such an offer, if they havnt already made one, given they were obviously keen on the GB acreage initially. I guess all depends on Ice 2v as to what transpires deal wise.

It would fit nicely with my preferred development in that we would see non dilutionary funds being generated for an Icewine step out, value accretion for the massive acreage we now hold.

d.

d.