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Re: A deleted message

Wednesday, 08/08/2012 9:28:56 AM

Wednesday, August 08, 2012 9:28:56 AM

Post# of 71458
This is from the 4/12 10-K

Under test, the I-1 Well flowed at up to 2MMscf/d gas with associated but unstable liquids flow. This is expected to increase as the I-1 Well is cleaned up and stabilized. Although it is hoped that production will start earlier, our internal projections assume a production rate of 4MMscf/d gas and 160 bbls/d oil, starting in late April 2012, which is consistent with the expected increase after an initial production period of 45-60 days. In the event that production rates are less than these projections, we believe that additional zones can be perforated and produced which may therefore enable the projected production rates to be achieved

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