vaquero 1 testing

Spoke to company and they confirmed that the testing of the Vaquero 1 well is a process which would take weeks and not months. Given that Dune have had the workover rig there for the last 2-3 weeks they believe we should be close to results on the first well. I think this ties in with the earlier prediction that Dune will release results soon after listing on AMEX.

On SGT permits should be issued in 2 weeks (around mid may) with the board road taking about a week to lay. This takes us to the last week in May. Anytime after that, but within 30 days, a rig should be secured. This means we should see action on this one in mid-late June.