Ann: East Oklahoma Development Continues , page-4

Wells full of water surely can't be a good thing.

"The well is currently shut-in awaiting installation of a submersible pump and connection to water disposal facilities."

Extra cost extra delay and the sp drops a couple of cents like it has for most of this year after an announcement. Even the recent announcement regarding the Mississippi play has been met with an underwhelming response and a healthy dose of scepticism. Where is the new acerage? Is it new? Is it anywhere near Chesepeake etc? Hard to make informed decisions when there is as much not said in announcements as there is revealed.

Is this a communication issue with management, a covert business strategy or an attempt to put some lipstick on the pig!

With all the encouraging spin this year I was hoping for better this year but sadly its been a disappointment.

Ever the optimist I still hold and wish for a brighter 2011 when management delivers on some of the rhetoric.

Happy new year and may it be the best yet for all of us.

mimmo