Ann: Development Update , page-11

Went back over the update:

Besides the three wells that had production test results that should add 350-500boepd to production, there are 4 wells that have working interest of 4 to 5%.

There are five wells with working interest from 7.0 to 10%.

Let's assume all 9 wells average 800boepd to be conservative.

4 wells X 800 X 4.5%= 144boepd

5 wells X 800 X 8.5%= 340boepd

484boepd is about equal to what they gained from the first three producing wells so the rest of the wells in the report should put Sundance well over 1,000boepd. Probably close to 1200boepd exit rate for Q3.

Should set Sundance up for a great Q4.