spoke to company

Folks,

I just spoke to Steve Graves in the USA to clarify some things in the announcment.

He isn't unhappy at all with what the current results are and he sounds like a pretty conservative guy. He did the maths for me( anyone else can do this on puboically available information) and said that this flow alone so far would pay itself of in the first 2-3 months. This means to me it is commercial. This is before they test any other of 6 intervals to test. I believe now they are waiting to see if the flowrates continue or improve and then will make a decision whether to go into production on this one or test further to see if can get an even bigger pay in a different interval.