Ann: Agreement Executed to Increase Illinois Basi, page-5

re: Ann: Agreement Executed to Increase Illin... Imo 2.2 mil is astoundingly cheap. Doesnt say much for the value of our land!

The value as already stated is in the science, presuming it is the SM well we probably just got 6 or 7 mil of science value for 2.2.

I have spoken to the company regarding sale of SM lands andd their point is the cost structure of us v SM, it worlds apart.

Whilst we could build a company drilling many wells throwing off 200bopd, SM cant get out of bed for that sort of stuff.