Deviated Drilling Operations Completed on Columbus # 1 Well •...

Deviated Drilling Operations Completed on Columbus # 1 Well • Oil and gas shows encountered • Hydrocarbons evident in drill cuttings from the Pierre formation • Flow testing of Magellan #1 well to commence next week • Austin’s low-cost operating strategy is consistent with producing wells from the Pierre formation that are economic at an oil price of ~US$40 a barrel • 15,733-acre Pathfinder property holds significant untapped exploration potential • Property has the capacity for more than 390 wells from the Pierre formation alone"

Now, where are those pesky DR's to give us their wise advice over and over again....?