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gloer

05/07/07 8:16 AM

#22470 RE: mom2jbk #22448

Re. Padgett 11
Yes I have heard that the pressure was that high too and I believe that it was reported here by one of the locals who "visited" the site. We're awaiting word on that well along with news of the re-work of the Nash Murphy and numerous fracs. I don't believe that the co has enough money now to undertake a horizontal given the enormous sums recently spent on accounting and legal in order to finish the review by the SEC. We should soon see news and a 10Q and then the Q2 as a fully transparent operating corp. It should be an interesting 4-5 months....finally...IMO