dr11 , page-2

Id say the strategy is to wait and see what Arrowsmith shows up. If its successful DR11 becomes a lot more valuable and they will be able to drive a much harder bargain. FYI the two holes will be shallow holes so won't cost too much, I don't believe they are drilling down to carynginia this time. Why bother when NWE is doing all the work for them next door. On NWE success I'd say we will see a major accelleration of the DR11 work program.

If you look at the last quarterly you'll see all drilling for this quarter has actually been budgeted and is coverable with current cash on hand.