Oh - yipee!! We really can't complain too much about this...

Oh - yipee!! We really can't complain too much about this announcement.

JXSN#4 Log Analysis
The Company has now received and analysed the logs.
Analysis of the log data has confirmed intersection of the top of the Lyons formation at 753 feet
measured depth and a gas column in high quality reservoir from the top of the Lyons formation to
a depth of 986.5 feet (233.5 ft gas column) across the upper and lower Lyons sands.
Gross reservoir rock for both the upper and lower Lyons sands is 213 ft (to the base of log data)
with net pay in the well of 133.5 ft.
There is a possible gas water contact and transition zone close to the base of the upper Lyons
sand. This zone has not been included in the net pay calculation. There is a gas water contact in
the lower Lyons sand at 986.5 feet.
Flow Data
The well was recorded flowing at 124.6 mcfd during drilling and sampling. Long term flow testing
and clean up was not attempted in this well. Shut in pressures were the same as observed in the
previous JXSN wells which flowed between 202 and 412 Mcfd.
Reservoir Gas Composition
Comingled (upper and lower Lyons) gas samples most representative of reservoir gas from two
different analyses have returned calculated air-free helium of 6.06% and 4.20%