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cliffvb

04/22/05 10:37 AM

#9862 RE: Guy #9854

Guy, Thanks for sharing on ARD. I didn't realize they had such an active drilling program lined up for this year. I like the OGs at a substantial discount to PV10 valuation (as CHAR also is) plus ARD is a domestic OG and has topnotch management. Wouldn't ARD's reserves also likely increase substantially as they drill more wells?