"The Company believes it may have intersected a large oil reservoir at approximately 10,675 feet"
"The nearest well to the Birch #3 Well, the Christico Tharp Unit #1 well, was drilled in 1990 and is approximately
1km away. This well produced approx 117,277 barrels of oil and 1,027,517 MCF ( 1.027Bcf) of gas from the
Austin Chalk. The initial signs from the B3 well are that the two wells should have similar production
capabilities."
