ash creek oil cut rises, page-7

Listless

IMO, you are spot on with Ash Creek. Received the following response from Bob recently regarding Ash Creek:

"We have not seen the response from the Lower Shannon formation at Trusler #8 we had expected from water flooding that reservoir at Ash Creek. There are other completion options to be tried at this well but since Surtek is expected to complete the history match of the reservoir model in EARLY AUGUST, we plan to use it in future workover and drilling decisions in the re-development of Ash Creek."

Chemical flooding is what makes Ash Creek attractive. All good IMO and clearly Begley thinks so too.

All the best.