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03/20/06 7:37 AM

#1326 RE: Pennimon #1325

A PR on the Grimes well....

will probably not come out for a few days. Per Skip, they finished slotting and took Sunday off. Today they will flush out the well today and do the flow testing tomorrow. PR probably Wed or Thur.

Remeber that they have slotted 150 feet on this well compared to only 10 feet on Grimes #1. I think we will see a very good PR this week. I will continue to add since I believe BIGN will be worth a lot more by next fall. Prime drilling season in CA is between April and November when the weather is less of a factor. Things should start progressing faster now.

GLTA.