If the Gulf South program of $16 million is completed MAD will...

If the Gulf South program of $16 million is completed MAD will be drilling 64 wells at zero cost with at a project level 100% ownership of 48 of these wells at no cost.

A wonderful start to the year as the oil starts to be produced from these 48 zero cost wells.

I also await a more focussed approach with better seismic to the selection and drilling of the numerous high impact targets - after all Mike Yeager has a reservoir engineering background.