wireline logs indicate oil: drill testing now, page-26

ESPINSIGHT, you have to remember that the oil industry just like any other exporation industry has to spend money to find what either they are looking for.

So my 6 points where basically pointing out the thought process in the way they would have produced a forward plan. If there is nothing down there why waise more money?

As you can see from the wireline results there was nothing in the secondary targets. So they wont test them, but are willing to test the McKinley on the basis of the these results?

Rigs cost money per day (land rigs are cheaper than offshore) but for a company like us with very little why would you throw extra money on something thats just not there? Money that can be better spent else where.

Tino has been here and seen it all, and oil and gas companies down't mind throwing money at something when they know they have something, as the know it not being waisted.

Even 300 bbls is worth $6m a year to us....so if it's down there get as much infomation as possible out of the well for future developement....because when it starts flowing you won't want to stop the tap, as that costs money!