Ann: Austin forms JV To Develop Pierre Shale, page-2

Might explain some of that buying recently--
"Austin forms Joint Venture with Colorado drilling company to
develop Austin’s Pierre shale prospects in Colorado
• Austin forms JV with Pierre Energy Partners to develop the Company’s Pierre
Shale prospects at its Pathfinder Property in Fremont County, Colorado
• Pierre Energy will fund the drilling costs on two Pierre wells to commence in April
with production to be shared on a 50/50 basis
• A longer term 10 well program & on-going partnership with Pierre Energy is being
negotiated
• Austin to focus on high impact and low cost conventional wells to drive growth