where next, page-99

Working backwards from GGP report and with that reported in Sonris we can estimate our December Quarterly Production:

Desiree Production:
Oil
Oct 12 - 11,506 (Sonris)
Nov 12 - 11,706 (Sonris)
Dec 12 - 11,285
Quarter = 34,498 bbls

(GGE WI 35.6%) = 12,231 bbls
_____________________________________________________
D&L 3 Production
Oil
Oct 12 - 5,011
Nov 12 - 5,011
Dec 12 - 2,074
Quarter = 12,096 bbls

Gas
Oct 12 - 14,480 (Sonris)
Nov 12 - 14,480 (balance)
Dec 12 - 3,252 (Balance)
Quarter = 32,212

(GGE WI 39.6%)
Oil = 4,790 bbls
Gas = 12,756 mmcf
_____________________________________________________
Abita Production
Oil
Oct 12 - 339 / 39,664 (Sonris)
x 3
Oct-Dec - 789 bbls

Gas
Oct 12 - 39.664 (Sonris)
x 3
Oct - Dec - 91,704 mmcf

(GGE WI 20%)
Oil = 158 bbls
Gas = 18,340 mmcf _____________________________________________________
Therefore:
Total Oil = 17,229 bbls @ $107 US = $1.8m
Total Gas = 31,096 mmcf @ $3.56 US = $0.11m

Should Give Receipts of roughly around USD 1,954,000
and actual average production rate of roughly 203 boe/d

My estimate only hopefully shouldn't be too far out
GLTA