surely has to move north soon, page-40

Reading the ann it looks to me to be another rushed out ann as they had stated in the previous release that they will have flow rates by weeks end.

So they were obliged to release something even though it appears the full gamut of tests regarding pressure, flow, choke etc have not been completed in their entirety.

To me the drilling has been slow and so has/is the testing procedure.

JPR put themselves in a very awkward position twice now by going into a TH before months end even though that had not perforated the well as they had PROMISED that we would have flow rates before months end.

Then the follow up ann to that TH PROMISED they would have flow rates by weeks end.

And we have them but it certainly appears the well testing is incomplete.
The first bullet point in today's ann,
"J50 WELL TEST CONTINUES"

One thing I have learnt is never ever promise the market a definate date cause they will savage you if you do not meet it.

Had testing been allowed to continue over the weekend or perhaps another week then possibly double the flow rate could have been achieved.

What annoys me the most is that some got the opportunity today to buy stock in a producer at much lower prices then did the rest of us who bought at higher levels when there was a greater risk.

No risk really buying now as the well flows and likely to only flow at a better rate once all testing and stimulation is complete.

Hang in there guys the biggest risk being the well not flowing has been removed.