Just to reiterate the important point above that I only briefly...

Just to reiterate the important point above that I only briefly mentioned; the capitola project is where the value for PYM is, not essentially the holes that are being drilled. The market currently associates $0 in value to the capitola project... If we have a few successful wells producing at 50-150 barrels a day each then happy days for us and PYMs future but the most important part and where most of the unrealised value can be generated is in the fact that suddenly there is decent value applied to each prospective hole or undrilled acerage of the land. That is 200 potential horizontal wells times x or 9,333 acres times x. We have a market cap of 6-8m, if we get a few decent results and all the stars align, there is no reason that we can be rerated to 30m+!

What was the per acreage price that we got for four rivers?

Btw, did you all realize that PYM had a $100m dollar no-recourse loan with Maquarie at one stage to focus on developing the Turner Bayou acerage... What if they did a similar deal for Capitola, imagine the potential...