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[lasherm1]

Bobwins BSIC.OB
RRainman's post is chock full of errors about BSIC. The devil is in the details.

BSIC's reserves are over 1,000,000 BOEs and growing (not 300,000 as listed in his post). The 1 million BOE does not include recent drilling activities in their 40,000 undeveloped acreage and should continue to grow.

Next, Lynn#1 production has INCREASED not DECREASED. Here's the history:
July 2004 -- Lynn#1 put on production at 240BOPD (includes 140BOPD from the Duperow formation AND 100 BOPD from the Nisku formation)
September 2004 10Q -- Lynn#1 was flowing at 100 BOPD from the NISKU FORMATION ONLY (they switched to a pumping unit to artificially lift the well and produce solely from the Nisku formation).
December 21st PR -- PR noted Lynn has INCREASED to 140 BOPD form the NISKU ONLY formation (PLUS they are also now getting 75MCF from the well).

Again, the Devil is in the detail. I agree that Q4 will show upside & recent drill activites will keep earnings growing for at least the next 4 quarters.