operations and market update., page-4

Hi there whynot,

my understanding is that Spirit of America is not the 2nd appraisal well with HAL.SOA is targetting multiple formations of the Permian and Pennsylvanian target zone,and the S&S,DEF,VAL and FREEDOM are all targeting the Niobrara and Codell formations.

HAL were never going to drill the 2nd appraisal well until the 1st was done and reported on,thats why this is something different in my mind.

This to me is an unexpected and positive ann,as is Earl which is producing at good numbers and Rodney not far away.

Happy to be proven wrong.