And to think we had no debt + $70m in bank, page-8

Wasn't it 4 wells per/pad in the Bakken? Anyway, thats a different matter.

Going back to Hawk Springs.

It appears Tezza is quietly confident he may have broken the code. (500, 000 EUR oil.)

24 prospects x 18 wells = 435 wells

435 wells x 500 000 barells = 217.5 million barells

217.5 million barells x $20 profit (based on oil $60) =

Wait for it .........................$4.3 BILLION

So ye, you can say I am a little excited.


Ok Doug, you may have to settle for 25c or $1.5 million....... which ever comes first.