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Re: Logic1 post# 4733

Wednesday, 08/10/2011 6:44:52 AM

Wednesday, August 10, 2011 6:44:52 AM

Post# of 5511
Logic, I found this in the report to confirm what you have stated.

"In May 2011, the Company received notice that Southwestern Energy, its largest customer, would not be renewing the work orders for our first generation EF 10s after their terms expire in November 2011 and January 2012 respectively. We have currently engaged in discussions with Hydrozonix LLC with respect to Hydrozonix leasing the EF 10s. In turn, we understand that Hydrozonix has been engaged in discussions with Southwestern Energy with respect to Hydrozonix operating the EF 10s on behalf of Southwestern Energy. As of the date of this Report, no definitive agreements have been entered into with regard to the future use of the EF 10s."

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