Ann: Mako Appoints Macquarie and Acquires Further, page-38

re: Ann: Mako Appoints Macquarie and Acquires... Hi Murry

Hard to quantify, but AUT have 16000 acres at the eagleford liquids play with 45 producing wells and a market cap of $1.2billion.

MKE have Net 45000acres and if you look back over some of my prior posts the few wells that we know of into the duvernay are at least as productive as the eagleford.

Our acreage is littered with under utilised production infrastructure.

Assume we sell or JV away 20 000 acres to fund development were left with 25000 acres and development funding in close proximity to production infrastructure.

Current fully diluted MC of about $35mil could easy go to in excess of $1bil.

So 30 - 40 bagger from here one would think!!!

Well hope anyway :)