Ann: 92 Feet of Gas Pay in Borba 1-7 Well, page-151

Before we try to speculate on the outcome let’s review where we are today
1. Based on all the available data GJ settled on a sub surface model based on seismic bright spots (potential gas zones)
2. The Hunt Bros well is a high quality analogue with hard drilling data confirming his model .Data that is worth its weight in gold. X marks the spot.
3. Borba drilling to date also confirms GJ’s model
4. The first zone was much bigger than expected. A pleasant surprise
5. Guinda is a couple hundred feet updip which is positive that it will be much bigger than the Hunt Bros log data.
6. The gas sales line is in our back yard which means almost any gas that flows will be commercial.
7. GJ has set the casing and installed an elephant of a BOP, suspect they have seen the high pressure we are expecting from the Guinda

These are all important pieces to the Borba puzzle. We need more pieces and they should be coming soon

Good luck to all. Might be the time to put the champagne on ice. Keep up ya he great detective work all. Much appreciated

The Captain