Ann: Third Well to Spud at Comanche , page-5

Hi FW
You have a way of looking at a half a glass and seeing a black hole.

The way I see it the well wil cost 740K total and for OTE the cost will be $90K. Do you really believe the well could cost $10M.

If OTE can get around 10 bopd in the first quarter then the cost will be paid back in the first quarter or so. Then it will be profit. Not bad when there may be potential to add more wells.

Still waiting for the game changer, my time is running out

Rumot