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Monday, 10/12/2009 4:12:03 PM

Monday, October 12, 2009 4:12:03 PM

Post# of 363073
Received this tidbit of information this afternoon (for those in the industry its probably more than a "tidbit") from a fellow shareholder in regards to the Kina. I view this information as accurate and have the highest regards from the source it came from. In the same note he gave his authorization for posting same.

"Addax made a well or found something they want to return to on B4... The sequence of events speaks for itself. The 17-1/2" section was logged and then "casing set"... This is an extremely important event. Remember we discussed throw-away wells upon the drilling completion of Obo 1... This is not the case here... Casing was set and the well was T&A'd (not P&A)... Addax probably spent between $10M to $15M to do this so they could return to the well; either for further evaluation or for completion."



Kina appears to be a very successful venture.


Off to the woods! One at the processor....and tonight just looking forward to watching the leaves drop.

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