stairway to heaven, page-8

Stapleman,Oxy has the early advantage as they are the most experienced shale operator in the area. They will be able to interpret Neons announcements by comparison with their own wells at Buena Vista, Elk Hills,and Kern.

Oxy acquired a similar play from Nations Petroleum in early 2011.

It raises the matter that with 85% of the current discovery we could sell down a part or all of the field to the likes of Oxy. The cash raised could expedite other projects and allow for more early entry acquisitions like Vietnam/Indo.