Cmon ..in regards to your no.2. query I think a recovery rate of...

Cmon ..in regards to your no.2. query I think a recovery rate of
around 5% for oil production would be reasonable ...which could
provide a reasonable support base for share price given ongoing
production success if that comes to pass..

In regards to the initial interpretation that drilling within
the Niobrara maybe sub economic under $60/barrel ..there are
several "majors" still drilling within this Formation in Colorado
at current oil price..not to mention Farmin driller prepared
to take on "Greenhorn" at drillers cost even at $40-$50 oil..to be sure
a little surprising but "radial jet" system maybe enhances drill economics.??.

Interesting times..

Cheers