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ebase22

10/02/08 10:13 AM

#13915 RE: A44975 #13914

that well was part of their farm out program. They subleased the area that that well was drilled. They sold it for somethign like 10k plus 1/32 (im sure of the 1/32 part) of the output. Whether or not they still have land in the immediate area that would also likely produce oil or whther they have subleased all of it is unknown.