Ann: North Maroon DW1 Drilling Update , page-12

Looks like the trap for the migratory oil of this area has already BEEN found in the 50 moonie oil wells. Mavs right on the money. ICN are using their cash reserves chasing a puddle of oil that STO gave up on years ago. You have to know when to hold and when to fold. Have no confidence in ICN reading siesmics after all the so called gas sweet spots for csg where tried for no result. Whats happened to the focus on the wiz- bang you bueat rip roaring 30 billion gsa. We are going to spend most of the cash on chasing a phantom puddle of oil. The decision making of this company is like a blow-fly trapped in a bottle.