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Re: king yukon post# 2867

Saturday, 04/09/2011 9:38:46 AM

Saturday, April 09, 2011 9:38:46 AM

Post# of 6903
King - I didn't think shallower reservoir potential had been put to bed as of yet, so went back to the Jan 25 PR tidbit and reviewed.

"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."

Finally clicked PR was indicating Bossier & Knowles Limestone as possible reservoirs along with the touted Haynesville. The one thing I've learned from the MNLU PR's is they give the correct information, but often the context is structured vaguely enough one has to wait for more data before the puzzle piece locks in. We've been thrown many such pieces & I for one have enjoyed the speculating (scenario analysis could be considered my job description), but have been mediocre in this play due to absence of basic working knowledge of well life cycle. Fortunately, this board has vastly expanded that understanding and I thank all contributors. There is a reason we no longer refer to "writing" business letters, they are crafted.

Additionally...I take this as one more data point confirming reporting delay scenario.

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