Ann: Quarterly Activities and Cashflow Report, page-11

Hi CB

Thanks for your post

Not sure I can help you much as it is obvious your understanding of the intricate details of the Grieve field surpasses any knowledge I have.

I will ask questions regarding Grieve at the AGM, but for your detailed technical ones, maybe you could post a list of questions you want specific answers for...I doubt they will be able to answer them at the meeting, but I'll hand them over and ask them to get the relevant geo/ engineer to answer them by email and I'll post them on here when they respond.

It could be that 89 BOPD was not an average for the month of Oct, but rather end of month production with an acceleration of the increased production happening right at the end of October.

Intricate details aside, there certainly is a trend apparent at Grieve of month on month increase in oil production which can only bode well for ELK.

Cheers

Dan