Ann: Second Well in Capitola Reaches Total Depth, page-9

I agree with all the sentiment here ... great results so far. Prospects for cashflow and increasing cashflows look good.

Battling to work out the sp too. Maybe it is that the market needs proof that they can complete the wells ?? But I also remember something about only having enough funds to do the 1st part of their drilling schedule. If that's right then it could be financing the rest of the drilling, or confirming that these 2 (and hopefully 3) will provide enough cash flow to fund further drilling.