Ann: Operations Update, page-131

But add seismic data acquisition, pilot testing equipment (water separation and possibly treatment, water containment wellhead equipment and some rudimentary pipelines to connect all, production monitoring and recording) and you start to spend a bit more money - no idea on cost and availability of this equipment, personnel. But still leaves money for connecting to small sized lng and electricity plant(s). In addition add cost of core analysis, seismic interp, well data analysis (chips, logs) and above all, G&G studies, regional and more localized. You get the drift, slightly more expensive than the 50k per well.