Ann: Operational Advisory , page-2

a couple of days delay on the start of frac which is no big deal.

12 more wells to be drilled in North stock after the 5 current wells come online ! Sounds like the 4 corner wells immediately after the current drills and then does the rig move up to Rainbow before coming back to drill the 3forks in Nths stock ?

That's lots of drilling and they must be confident of having the available cash either with debt funding or a sale to participate in 12 more wells. At $8mil/well and 25% WI thats about $2mil/well or $24mil we need to come up with for just Nth stock.

Oil price was up nicely last night so we will surely be busting through the 1000BOEPD soon and you would think by that stage the market will show some more interest.