new dj carmichael and patersons reports, page-15

Cooper is pretty mature, with much data. But if the $700 per acre is for unconventional with just prospects, then Surprise with an oil discovery could attract a similar pricing, even thought he region is more virgin.

As I have said before, a farm in to Surprise and an associated acceleration of the development could underpin current market cap/ $200m alone.

I do not believe CTP are heading for a cap raise. Clearly RC has stated this numerous times, reiterated the funding is adequate for ALL of 2013.

A cash component from a JV is more likely, to see them through to as likely option conversion.

Who feels the stars are all starting to line up!