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Message: points from last NR - looking for flow news early next week

points from last NR - looking for flow news early next week

posted on Jan 06, 2010 01:47PM

This will rock - does anyone think there is not more oil on Rooney?

points from last NR

600 Barrel Tank battery are moved on site
Goes on pump on Jan 9th - anticipated 200 BOE
Flaring the gas for the first week until the pipe line is complete.
Spud for # 2 is on January 27
10 drills planned over coming year at 1 drill per month
1,920 acres added to Rooney lease which may result in adding more drill locations (depends on seismic research)

if this hole provides a confirmation on the initial downhole logs = 10 more holes = much larger resource calculation every month

- LOOKOUT ABOVE!

next week will prove interesting...

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