Ann: October 2012 Presentation , page-4

Veonne,

I'm a bit concerned about the upcoming well results for a couple of reasons;

1. It has taken a very long time to announce any flow rates from Fiesta even considering the long laterals
2. Why have we suddenly changed focus and decided to drill bench B. isn't this the same bench our neighbors are chasing and didn't management tell us this bench wasn't as prospective as bench A in our acreage. What has changed?

If Fiesta doesn't work then neither does MPO.