Bedford Energy (BFDE)

[ChandlerBorn]

5/13/08 Update on Grace #2: No Change

Onsite inspection today from reliable source: No change from last visit. Still evidently awaiting final hookup to gathering line and meter installation.

Still plenty of activity in this general area: Monster drilling rig seen approx. 1 mile SE in NW4 NW4 NW4 5-14N-5E near the Homer 1-32H and Crete 1-5H (both drilled by ALTEX Energy). Not clear whether this is a new spud or associated with the two already there. Crete 1-5H reported as completed 4/08. Homer 1-32H was completed last year.

(Grace #2 is located in S2 SW4 NW4 SW4 31-15N-5E.)

Additional updates will be posted as they become available.