looks very sad, page-2

Did I miss updates on these:
Sombrero Project – Lea County, New Mexico
(5% WI/ 3.75% NRI)
The first well drilled at the Sombrero Project (WC 35 State # 1 well) was placed on production
on July 21st and produced at rates of between 5 to 15 BOPD from the San Andres formation at
approximately 4,520 feet (1,377 metres).
The well will be checked for sand fill this coming week for an explanation of the lower than expected rate of production

Charro Project – Flow Test Update:
The Paddy 20 State # 1 well was placed in production on July 30th. The well has produced at
initial rates of between 40 to 82 BOPD and averaged 44 BOPD over the last seven day period. At
the current stage the pumping unit has not been optimized to pump the well efficiently.
The well has been powered via generator and it is expected that electricity line connection will
be underway next week and once connected the pumping process will be fine-tuned and the
well will be placed in to long term production


DYOR