completion and stimulation programme this week, page-13

Thanks Buddha

Something that needs to be examined before a true value can be determined for this company.

Also other import questions playing on my mind…

Assuming there is 200 Billion standard cubic feet what percentage is likely to be extracted from the wells? It is my impression that all the gas can never be extracted. Does this depend on flow rates, porosity?

and

Re: Ann 29th May ‘Rig 234 has completed the hole below 12,880’ after logs confirmed no further hydrocarbon bearing intervals in the deeper section’

and possibly no shows all the way to 14,216’ where the drilling stoped (see Ann 25th May 2009).

Does this lack of hydrocarbons reduce the chances of finding commercial gas deeper, e.g. in the Pinkerton Trail and Leadville zones?

Maybe someone a bit more educated on the earth’s structure can give so info on this.