Substantially Undervalued, O&G Situation in play, page-52

Just to give everyone an update,

A geologist friend of mine visited both well sites on Saturday 19th Sept (VOBM#1 & VOS#1)

The Polk well site is very tidy, has 4 boards over the well which the workover rig can go straight back onto. They've got 4 water tanks there. He's a little surprised they've not started to put in a tank battery etc, but maybe they don't want to jump the gun as to commerciality of the well.

At Tyler they are not doing anything drilling wise, only seems to be 2 guys on site, looks like they have just cemented an intermediate string in place & are waiting on it setting or such like as they were in a hoist of some kind. Doing general clean-up during the down time.

LOTM