Value Microcaps Junior Energy

[Ed Ajootian]

bobwins, Cross Border (XBOR) -- I certainly hope you're right about 2Q averaging around 750 boepd but I'm expecting them to come up short of that, maybe more like 650 bopd. They only have a handful of small-interest wells that are getting completed this quarter and not much in the way of new drills. Recall that they can't drill in the Bone Spring play from around March -- June due to the prairie chicken mating season or something like that.

Not that all this matters much, given that the market has decided to wait to see what our buddy Allan B. ends up doing now that he controls the board.