Ann: Operations Update at Triple Crown , page-33

i hear you oscar, although i would add that with success on the horizontal cel becomes a different beast, derisked to a large extent, not from the angle aussie has been demonstrating but purely from a holding point of view in that i believe it will cause a substantial sp rise not just because of the gas but how it then sets us up going forward with the cash we have plus,later yes a cr, to get into a fraccing program (seperate hole )on the sands which i believe will be looked at in a whole new light with success on the horizontal, momentum if you like,then MS, again reentering a whole with gas, then SA which i think must get the green light...this could become a huge project, again momentum with TC the catalyst...conservative numbers are great in aiding your decisions but dont underestimate how success here can change the whole look of cel to investors...and of course to repeat what's been said before ,if the horizontal is a no go, straight into the frac of the sands from the same hole,and a drill on MS in Nov, we have back up !! :)