Email from Keith
-----------------------------------------------------
xxxxx
Feel free to post this if you like. Yes I was up there all day yesterday, in fact got back to Texas around mid night last night. Yes we woke up the locals, the equipment we had sitting over the hole was some serious stuff, big noisey toys, the locals are not used to what we did... and yes it makes an airport runway look like a nice quiet sedate place LOL.
We are simply testing the completion/stimulation methods of what works best on THESE AND FUTURE WELLS. Methods we are using have never been attempted in shallow KS oil, even though they are pretty much common place in shallow Texas and Oklahoma oil. Everyone even the vendors that do this sort of oil field work, day in and day out are learning a new and improved way to stimulate these reserves. We are NOT jeopardizing production, we are doing the opposite... improve the production and longevity of this well and the future wells. This is the prototype the blue print of the future drilling and production. So yes we are taking our time and "letting the formation" dictate to us what it wants and needs for optimum production. If we were all that concerned with the stock price we would had done this like every other operator has completed wells, quick cheap and easy and we could have released a highly embellished production figure a week ago, that would start declining a day after the well IP'ed. Since we are looking at long term production and use of this and the future new wells it takes testing and time.
Keith A.
