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04/06/10
11:08
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Group 1 must be pretty much paid out. The new Kowalik is outside the agreement.
Easley & Morgan must be 1/3rd+ paid out after 30 days.
The Turnbulls will be producing soon.
Groups 1 - 3 will be pretty much paid out before October, I would have thought, with Kowalik 2 & Ipanema hot on their tail.
So, by November there should be 10 wells producing cash for AUT, 3 of which will be a 25%WI and 1 will be a 30%WI.
Then the string of new drills on S/L. Maybe the first producing cash refunding capital in August? Paid out by November/December?
Constant stream of news.
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