Trinidad is developing well imo. We are now close to 1000 BOPD...

Trinidad is developing well imo. We are now close to 1000 BOPD as per last update. In the MC Investment Fund interview of 4th July 2011 it was stated that 1000 BOPD in Trinidad was worth about $12m net, net to Range. The first 6500 foot well is scheduled to spud this month with rig 8, targeting mid/lower Cruse. There was initially slow progress in Trinidad as inventory such as rigs had to be serviced and certified. Drill programmes, seismic analysis, recruitment of additional staff, training, etc all take time. Seems that production will ramp up quickly now with Rig 8 targeting the 6500' targets and a Herrera drill scheduled for Q3. There's also the Morne Diablo waterflood project. Rig 1 will commence the QUN123 drill shortly ; Same for rig 2 with the QUN124 drill and rig 5 with QUN121. So we could shortly have 4 drill rigs operating simultaneously.