spoke to company, page-31

Tracker2,

Thanks for you post.

"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."

Now......looking back to the GGP report dated 8th FEB 2010 we have this........


"The prospect is located on the flank of a producing salt dome where two high quality targets have been
identified. The first target is shallow oil (7,000-8,000 ft) and the deeper target is gas (7,500-9,000 ft). Total
well cost to complete the initial well is approximately US$2.6 million."

So.......can we deduce that this well will produce approx US$2.6 million in 2 or 3 months?

hmmmm