Ann: Enterprise 16-1 Well Update, page-29

Lots of people will be on for the drilling results and whinge and whine when there are delays and then say lots of stupid things when thier short term expectations are not met. developing a gas field takes time, so patients is the key. Real gains for bnl are still 3 year's away and on average it takes about 3 wells before we can all be rolling around in any money baths. The real trick is understanding the geology and having the best ground ✔️✔️ and then the money to develop it, B- . We have the best proven ground in the US in my opinion I have followed this field for years buying up bnl with every land purchase they made. Dont get to caught up in the joint venture to the south ( they where cheep buy ins for a reason, lower yields with high co2 ) Galactica, Pegasus and Voyager all have proven holes confirming helium, Enterprise is an unknown, but our water hole was promising even though they hit water, however if we hit anything of commercial size we truly will be on our way too a 1-2 b company in 5-10 years with 15- 20 producing wells, rambling on a bit here lol but it's exciting stuff, can not emphasize enough the quality of the ground here and it's the long term holder's that will reap the rewards. If enterprise misses then there will be another opportunity to buy, and if it hits we will see maybe 175m -200m mc which would mean less delution, either way, I will not be selling, only buying. My try at upramping lol