This is great news.. and seeings that the price has been so...

This is great news.. and seeings that the price has been so subdued on the back of the permit delays in starting drilling here it would be nice to see it now rebound on success in finding gas....plenty more wells to come at TB ..at least 30 locations have been identified.

I was in Texas last week and briefly caught up with Ryan... obviously didnt say anything about this well becoz drilling hadnt started, but some excellent news he passed on was that the 3rd Raven well Patterson 16 no.1 is in fact a step out well from a neighboring well in production about a mile away that has has been flowing consistently at 6000 mcf per day...and has accumulated 8.7 bcf.... The well logging signatures showed very similar characteristics so the flow testing next month for this one will be eagerly watched.

This is massive for PYM if this third Raven well even comes in at half that it will double existing production income... im glad ive bought alot of shares sub .30 c with the cash that was intended to exercise my oppies... i'll just sit back and watch the next 6 months unfold.

And further good news is that more leasing in this vicinity of the Raven prospect is still being accumulated by PYM. potentially 20 wells can be drilled here already.

sooner or later the world will wake up to the quality of teh production that is going on despite delays in getting started. cheers