Oil Discovery in Colorado, page-32

100% WI approx 75% NRI (I think there is a small ORRI remaining?)

Hooray for the oil spewing from a vertical well - GG well done in containing your excitement on the call.

Under the heading of "it flowed oil to the surface so who cares from what rocks" we do need to wait for more details.

4,500 ft suggests it is past the Sharon Springs formation (the source for Pierre oil) with little to no gas. If it is Niobrara then more info is needed on how it will be produced.

Nonetheless you gotta love another discovery