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ChandlerBorn

03/18/08 3:47 PM

#1074 RE: chaoslord #1070

Update on Grace #2 Completion

As of Saturday, March 15, the completion rig was positioned at the well head.

Weather in that part of the country is absolutely terrible, with heavy rains likely to cause flooding. That will no doubt delay the completion effort.

FYI: I am NOT a big stockholder. I just have access to occasional 100% reliable status reports about the Grace wells. I expect another update later this week as to the #2 (blowout) well, but that may be the last such report for awhile.