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Re: Argyll post# 20

Monday, 09/19/2005 11:10:48 PM

Monday, September 19, 2005 11:10:48 PM

Post# of 126
Every Canadian junior is a candidate to become a Trust. 2,000bpd is the typical threshold before it becomes practical. Typically the Trusts like stable long term wells. They will drill developmental wells but usually avoid a lot of exploration.

Since Rival just broke 1000 bpd, it seems like they have some time before it becomes a possibility. If everything falls together and they start 2006 at 1300bpd, then 2000 might be a possibilty for end of 2006.

Bobwins

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