edwards limestone, page-19

Agentm,
in about 9 days time hopefully I will have a lot more answers.

In my mind to increase their w/i in this current well and the sorounding 1280 acres plus pay 75% of the costs for the lateral/frac etc will cost antares $4m+.

Now thats about 1/3 of their current capital raising.

All I can say is they must be confident.

Richard Elliott a former director of arc energy has entensive experience in the oil/gas industry.

James has a strong background in finance.(ceo)

Lets hope hes good at raising cash as they are going to need a whole pile of it.

All the best.