Hero Technologies Inc (HENC)

[tchauncy]

I have had some calls about this paragraph in the PR causing some confusion.

During January 2013, Holloman's farmout partner committed to drill 3 wells (with an option of two additional wells), using Hunt Energy & Minerals Co. - Australia Pty. Ltd. (Hunt). It is anticipated that well locations will be spread between Holloman's PEL 112 and PEL 444 licenses. Hunt is a drilling contractor with over 25 years of experience in the Cooper-Eromanga Basin. The first well in the drilling program is scheduled to begin upon receipt of the requisite government and native stakeholder approvals.

They will only be drilling on PEL 112 this time around. Likely 3 wells. 444 will not be drilled until at least the 3D seismic up there is finished later this year.

the paragraph is referring to the whole program with TN.