Ann: Update - Sale of Duvernay and Rock Creek Acr, page-2

re: Ann: Update - Sale of Duvernay and Rock C... Spewing about that, thats our best bit of dirt!!!!

On the upside, it takes the need for a CR off the table so no more dilution.

1 mil in reimbusement from CPO, 3mil from sale of Provost, assume smilar price to last sales to BS another 4 mil.

Pay a few mil in tax and debts, should leave about 5mil in the kitty with $150mil free carry on exploration drilling and $70 mil development drilling on 9k acres with the chance to buy back into another 3k acres.

Black Swan also are near neighbours to our remaining lands at Pembina and have also put down a vertical well there, I wonder if we were privy to the results of that. One of the valuable bits of the original BS deal was data sharing.