what does it take?, page-35

I doubt that prices will rise much further until we have results from Easley with Morgan and Rancho to follow. IMO if results are similar to Kennedy we will get the next leap forward.Morgan at this stage appears to have the longest horizontal and will hopefully give the best result.

IMO we should get to the first Hartley target (45 cents) after results from Easley, if they are equivalent to Kennedy.The JV will probably announce more wells after Rancho if all goes as expected. Should mean more drilling into the foreseeable future. Should be a good ride. Good luck to all. I will sell a few of mine at 50+ cents .I'm expecting (hoping ) that to happen before end of June.