Ann: Appendix 3C - Announcement of Share Buy-back, page-20

re: Ann: Appendix 3C - Announcement of Share ... Here are some other figures for horixontals I found.

Initial Cline production results for a number of relatively large wells – 400 to 800 barrels of oil per day with 60 to 75 percent oil production, have been reported by companies that include Apache Corp., Devon Energy Corp., Callon Petroleum Corp. and Gulfport Energy Corp., Herbst noted. Wells are costing about $9 million to drill and have an estimated ultimate recovery rate of between 500 and 700 boe with 25 frac stages. - See more at: http://www.rigzone.com/news/oil_gas/a/127338/Future_Looks_Bright_for_Cline_Shale_Potential/?all=HG2#sthash.uqEU08ij.dpuf