10/06/09 91 cents, page-25

EL,
that is a good low side target.

Not a bad way to firm up your opinion on something like BOW if you think, hey the worst they can do is double..

personally I think that given some time they could strike much higher prices and i am hoping that by the end of next year we are scratching around the $3 mark.

Given the expected high quality of the assets at norwich and comet, I would think think that the PES metric would be a good one to roughly value them with.

I am impressed (not hard to be given the shocker they have had) with the way they are truning around DJ. I am certainly expecting someextra value to come from that large resource now.

SF