2105,good to hear from you again.Trust all is well.Shaeffer...

2105,good to hear from you again.Trust all is well.

Shaeffer ranch,the reason antares and partner ran a large 3d seismic over this acreage is because of the large rowena prospect seen on 2d seismic.
This prospect is now confirmed and mapped using the new 3d seismic.
It is anticipated this structure will be spudded before year end.
The structure has potential for 100-200bcf in the queen city and wilcox formations.
The shaeffer ranch area has several prospect types which are independant of each other.Success or failure in any single well may not have any bearing on the outcome of other wells.(unless they are targeting the same formation.)
Antares intend to farm down their 50% share prior to drilling.
It is my personal belief that the jv will attempt another lonesome dove well in the future.

As for the research report,I have no idea.

I do know that antares is now well placed to become a significant midcap oil and gas producer into the future.

2105 we both have significant knowledge to be satisfied of this companies current position and future direction.The oil and gas fundamentals are very sound,the discoveries will be brought on stream,the cash will flow into the tin and the market will price the stock accordingly.

All the best.