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Re: gasman48 post# 201258

Friday, 02/26/2010 2:26:02 PM

Friday, February 26, 2010 2:26:02 PM

Post# of 361517
First time post despite owning shares for over a year. That report is on Dana's website. I think it is true. My DD seems to lead me to believe that they basically swung and missed on the first four wells meaning non-comercial amounts. I think they hit something at Oki East. Otherwise we would still be in the tank. I think that is also the reason mark's sources are also only indicating a $3 to $4 buyout b/c you are only talking about one comercial discovery out of 5 drilled.