Anyone Else wish they had sold at 0.012??, page-5

Accordring to the information below the latest well reported with 790 feet of oil is not the first well drilled by AKK on the Pathfinder oil field. Maybe I'm reading it wrong ?

• Located in Florence, Colorado
• Pathfinder encompasses 15,282 acres (AKK:100%) – big enough for over 350 wells, with 40 acre spacing
• Primary Objective is the Niobrara Shale in the Denver-Julesburg (DJ) Basin and the Pierre shale
• Secondary Objectives: Fort Hays, Greenhorn, Codell A & B
• Independent reserve estimates of approximately 200,000 – 500,000 BO per horizontal well
• Spacing allows for a minimum of 100 horizontal wells
• Fairly contiguous acreage with a flat terrain
• Well #1: C11-12 #1 – Successful vertical exploration well.
• Well #2 C11-12 1 HZ – Successfully drilled with 16 frac stages over a 4100ft horizontal leg – IP RATE: 403 BOEPD.
• Well #3: C18#1 – Exploration well successfully intersects 2 free flowing oil formations in Pierre and Niobrara.
• Well # 4: C18#3 Pierre – has been identified as a high impact target and has been methodically de-risked for drilling starting December, 2015
• Gas compression unit being evaluated as a short term solution to sell gas
• Long-term, maximum profitability of the Pathfinder project will be achieved by laying gas lines and connecting in to the nearest major pipeline (approx 5 – 7.5 miles away)
• Aaron Goss is the VP & GM Texas & Colorado Business Unit