Ann: Change in substantial holding - J.P.Morgan , page-58

re: Ann: Change in substantial holding - J.P.... Proga in relation to US investigation into envir aspects of fraccing. Ive researched this a lot and a lot of it is hype and mis infromation.

The 2nd thing is these gas wells have the ability to transform the US energy industry from reliant on deep sea wells and wells in countries that have rediculous security and military costs to a domestic supply and net exporter of energy. Cant see congress throwing that opportunity away, hell they might even find some weapons of mass diestruction in Texas and send in the military to secure it.

In relation to us o&g overstating well economics hell yes i agree with you, AZZ etc. AUT seems to have flows that very much support its claims so far. And with the highest flows in the entire eagleford id suggest we would be the safest from over stated targets.

Mishaps happen its the nature of the game, you know that. If a 710boepd is the worst mishap we have then yi ha. Our mishap is better then the over pumped TXN flow.