Spoke with Jim and not withstanding any operator hold-ups the...

Spoke with Jim and not withstanding any operator hold-ups the schedule is as follows;

• Well spudding (Pate #5-18) in Oklahoma within two weeks offsetting several BP wells and in partnership with BP.
• Shortly after followed by the (Reed #4-8)
• Louisiana seismic survey well underway and due for completion in early May with drilling of the first 4 wells due in April.

Jim is putting daily pressure on operators to achieve results so we should see some movement here soon.