Ann: Sebree Reserves Report Completed , page-6

recieved this today from Kenny

New deals are near and if all goes to plan will be announced within the month. We are working to diversify geographically and hoping to close some larger plays.
Sebree is still on schedule for a late March completion with 5 oil wells on production.
Park City is a matter of Atmos. The oil wells have gas pressure on them that inhibits good daily oil production. Drilling more without a plant to take the gas just does not make for good economics.
The market is acting a bit squirrely these days and hopefully will settle down soon.