all doom & gloom, again..., page-5

Another way to look at things...
only producing around 300bopd last quarter
extra acres purchased without having proved up any in held leases

production from Continentals well, longer lateral, better crews and NO PRODUCTION from Gretel reported in same time

288bopd produced from Defender at best time...otherwise average prodcution about 20bopd over course of time.

No flow rates from AusII

$30 million in the bank after close to $50million spent

SOAII about 10million spent on this target (if it fails TB looks like a dingbat)

Nearology is not an exact science, Gretel may be a Elm Coulee water well.

Cutting and pasting managements take on a situation is like cutting and pasting advertising...we should tread carefully, the market decides what SSN is worth, which is still 150mill mktcap, so it can go a long way in both directions.