Hi mate . That was a while back, late last year from memory as...

Hi mate .

That was a while back, late last year from memory as the Sundance Kid numbers were coming up.

This was in the context of the Black Mesa guys identifying the SWISH as a sweet spot and initiating the leasing 6 months earlier than everyone else. I was lamenting the fact BRK were lined up and were leasing heavily in 8 DSU's, including the Sundance Kid block. BRK were ~US$ 4- 6 million short to secure all that acreage , and had to cherry pick what they considered the 3 best locations which DP referred to as the most valuable pieces of the jigsaw puzzle. Just imagine the prospective outlook for BRK today if they had managed to get those extra DSU's and were planning to drill another 5 initial DSU wells, resulting in 8 HBP DSU's..... the share price would probably be where it is now but the in ground company value would be almost 3 times higher than it is now! .... next time hey.

In regards to the options, the application for exercising my full entitlement is also being completed today.

Happy days

Cheers

Dan