options in favour, page-9

Condor,

The comment below is from the recent RRS ann on 23 November 2006.....

"Although the interpretation and comments are
derived from the Conoco documentation in its possession Range does not have the complete
data sets on these wells or for the whole exploration effort in the Nogal Valley Basin or the Darin
Basins. Therefore, these encouraging results require follow up with modern seismic and
exploration wells to confirm this potential."

I know in the past RRS have stated they have 4 ready to drill targets.

But the above comment seems to suggest more seismic is needed first.

Hopefully we will get more info this soon ?