Your exactly right. The problem is and always has been funding. At one point we owned a lot more of this play then we do now.....why don't we anymore?????......funding.

I think that we will have the same problem everytime we go to drill. If the next hole doesn't produced anything we will be writing the same crap again waiting for information on the 3rd hole.

The only advantage is that they drilled through the shales. So technically they know where the oil is...and they know how thick it is down through the hole. The only thing is how wide of an area does this shale oil sit. I think we are in a better position then if we were drilling another 4000m directional hole.

Has anyone asked Steve about the leases that are up for "sale" so to speak, within and around our area???? If so I'm guessing that you got the typical response....which doesn't really tell you anything. I bet steve has a hell of a poker face according to how well he protects this information.

Later