re: Ann: Initial Production Rate-1,207 Boe/d ... Agentm,Thanks...

re: Ann: Initial Production Rate-1,207 Boe/d ... Agentm,

Thanks for your analysis. I think you were the first to bring the RRC data into play here. We should keep an eye on this, for sure.

The March production figures in your message above are for FD1 (the vertical well?). I don't think the RRC site has March production figures for FD2H, yet.

On page 22* of yesterday's AGM presentation announcement to the ASX, there is a chart that I think is showing 30 day production figures from FD2H and comparable wells. Looks like after 30 days the FD2H well was producing at 300 boepd.

I would have liked more info on how they plan to finance the drilling campaign. Nothing in the announcement. Was anything discussed at the AGM on this front?

*jump to page 22 in the PDF document (the page numbering on the physical pages of the announcement is not identical).