ann out, page-9

Hi IK,

these are the Florence wells with a drilling permit:

* APACHE 33B-20, targeting Pierre, proposed TD 3,500., potential of 200,000 bbls
* GOLDEN 33-20, Pierre, Niobrara, TD 4,913m, 200,000+ bbls
* RAINBOW 23-20, Pierre Fmt., TD 3,714m, 200,000 bbls
* BULL 42-4, Niobrara, Codell, Lyons, TD 4,650m, 3+ Mio. bbls

One more wells in the application for drilling permit queue:

* CUTTHROAT 23-29, Niobrara, Pierre, TD 4,781m, 200,000+ bbls

I think the next well after Golden and Apache will be "Rainbow" because the drilling location is adjacent to the Golden/Apache drilling pad.

Probably the drilling of the the deeper and more risky Bull well with a potential in the order of 3+ mmbbls of oil depents on the success of the first three shallower wells ...

I wonder if we get the activities report late today or tomorrow coupled with a DST result ...??