Ann: Quarterly Activities Report, page-7

The way I read it, they will complete already drilled wells in the North, and drill new wells in the South. Northern acres are on probation and will only be persued further if the altered completion tehniques prove effective.

If new drilling only starts in July, its going to be almost Xmas before the results start gettig announced. Hard to find much to get excited about at a company level. I agree with WR - another long hold.