"The Company anticipates the completion of the adsorption core test, which directly measures gas in place, in the third week of February. This test will be compared to the gas in place assumptions generated by the Shale Gas Analysis to confirm the gas storage capacity of the shale.
The Company's forward plan consists of the completion of the Haynesville Shale analysis, along with the other potentially productive zones in the Burkley-Phillips #1 well, and then the subsequent design of a completion and production test of the Haynesville Shale.
The timing of the completion and production test will be subject to equipment availability and an appropriate weather window allowing for an uninterrupted period to perform the operations required to effectively test the well"
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