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35.5 net sections or 28,800 acre land position - 24 net sections earned
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Significant drilling and testing completed to date ; 10 vertical wells, 2 horizontal wells
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In 2008 will complete independent reservoir model and determine future development plan & capital requirements
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On a risked basis, with an average production of 900 mcf/d, per well, this area has the potential for 16,500 mcf/d of net production
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