Thought since I was negative this morning I may as well do a bit...

Thought since I was negative this morning I may as well do a bit of due dilligence. Found of 1800 well that the infrustructure is in pretty good condition and that the wells suffer from some water in the tubing and at small cost can be absorbed to increase flows. All these well are horizontal drilled, but on the acreage near by on the same sands and shale, horizontal drilling with a lateral entry and hydralic frac are getting flow rates between 3 and 5 mmcfd. Work over is expected to really increase flow rates. A presentation is expected after completion of sale anyone with a 707 can contact them and get soph placement. From what they where saying sounds like it was a pretty good deal and 2 years ago would have cost in the 100's of mil with the high Australian dollar and GFC in America seems like this could be the real deal. And when the big warm fuzzy presentation comes out with what can be achieved might see the sp climb up into the high teens for me I will be getting on. Could be quite a year for IMP and those who bought in a .009 might not have long to wait to get there money back.