Ann: Jewell Well - Operational Update, page-26

SHE will have somewhere between 500K-1M after they have settled Jewell WI, and i dont think BRK will even start the pad construction for another month. If flows are what everyone is expecting SHE will have cash to take up a small WI in Rangers 10-15% depending on BRK Payments. Looks like SHE paid 40% of the 5M around pad construction time. If SHE is to take up 10% WI instead of the 43% it would only be around the 500K mark. IMO might be wrong here but i see these 2 co working together for the while - and if not its not the end on the world in a years time SHE will have 5M Cash or other WI generating cash.