devon's wells near defender, page-6

Defender is a dissapointment there is no way around it folks. It will be years before this well pays for itself, if ever at this rate let alone turn a profit. Don't be fooled, this well to date has cost Haliburton well over the 5 mil average for this area stated in the Devon presentation.

I predict Aus II will come in under 200 BOPD IP, and <50 bopd after 90 days considering the well design. My susupicion began with the 70 bopd update and one would have to question why TB didn't mention any oil in the last PR despite even the plugs still being intact. Doesn't mean there is none, but probably means "let's hope it improves over time then we'll update the market". IMO.

Gretel, too early to tell, again wait and see, but on all the early stockyard field well PR's we NEVER got flow rates that only consisted of frac water flowback prodution with 0 oil cut.