re: Ann: New joint participation group for MR... ok, so, after...

re: Ann: New joint participation group for MR... ok, so, after re-reading it I like it. ~$500k tpd cost in first well.

assuming success and execution of the option, then 33% of remaining 3600 acres to terrace and 16% to Aschere leaving TLD with ~50% of the remaining 3600 acres.

Also filling the coffers with +$2mill in the process.

With spud to be before end of June.

I'd love to get ~200bbl per day out of Bonner....that would cap it off.