"The company also has additional leases that are adjacent or contiguous which have several times the total acreage of these five mature leases. This area of southeast Kansas is well documented as having blanket geological formations especially in CBM pay zones. Coal bed methane gas, when properly produced in our area of Kansas, has a very long commercial life expectancy, many times ten years or more years, because methane coal beds regenerate the methane gas. Management's opinion and experience is that there is significantly more total cubic feet of coal beds and therefore there will be a large volume of CBM gas when the updated reserves report about oil and gas is released."
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