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kipp440

10/18/07 9:44 AM

#1135 RE: nutsaboutgolf2001 #1134

Nuts - AEZ - We need to see how these first wells flow. I looked at the bottom of the slides and there are theoretical #'s of wells that could be drilled. Let's say they drill 600 wells, if each adds an average of $.10/shr, that takes the stock price up $60. The reserve #'s could be big enough to attract a big cap producer and they may get taken out well before they get to that stage. Look at the chart of ARD.

Kipp