With the rapid increase in shale technology over the last few...

With the rapid increase in shale technology over the last few years,the results from fracs on existing wells should in my opinion be used as a guide only,when asessing the sugar loaf acreages potential.

Whilst we all hope to achieve good commercial results and some much desired cashflow,the real test will be of the wells started from scratch.

With technology continuing to improve I am ultimately looking to the easley well for the first real test of the acreages potential.

I would herald a 10 well programme for the adelphi acreages this calender year and believe it is a realistic goal.

Looking forward to a prosperous year and all the best.