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Friday, May 23, 2014 10:25:34 AM
$FNRC
There are 8 permitted locations on the acreage for future development which we believe will provide significant upside to 1st NRG. All of the wells drilled there have encountered developed coal seams in the Warner, Upper and Lower Smith, Wyodak/Anderson Lower, Gates and Wall formations. Wire line logging shows gross pay zones of approximately 150-200 feet. The most significant of these are the Warner, Wyodak/Andersen, and Gates coals.
There are 8 permitted locations on the acreage for future development which we believe will provide significant upside to 1st NRG. All of the wells drilled there have encountered developed coal seams in the Warner, Upper and Lower Smith, Wyodak/Anderson Lower, Gates and Wall formations. Wire line logging shows gross pay zones of approximately 150-200 feet. The most significant of these are the Warner, Wyodak/Andersen, and Gates coals.
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