happy new year txn up 30%, page-5

11 - 12 wells to be drilled by 2 rigs in the efs by sea

sea claim they have the potential to raise their production by 400% in 12 months

170 mill to spend in 2013..

huge year

interesting presentation today, i listened in and thought it was a lot better than the previous one.

grace certainly has a lot of confidence and is all over the drilling and completions processes of in all the fields

they talk of refining the frac more and running well costs down in the efs big time as 2 rigs full time has the potential to give massive savings

300 mill draw down available to sea..

its got some cred from me in the latest review of it all..