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LDC

10/27/07 9:35 AM

#11126 RE: Chiricano #11125

There's a Sunnoco refinery in Tulsa, Oklahoma as well as the one in Coffeyville, Kansas, there isn't one in Chanute that I am aware of. I suppose the oil goes to where they get the best prices? With $92 crude, and if the new well produces 35 to 40 BOPD, if they're getting $80, we're talking $96,000 per month in revenues from this one well. I am anxious to find out how the new well is proving up, and if they are close to drilling the three additional ones. Wonder if they are going after surrounding leases in this new field?