Next Antelope Well

[petrengr1]

Thanks Pet. Any comments on pages 58 and 59 of GLJ where they show gas and condensate estimates for Ant/Elk/Mule Deer?

I think they only gave Mule Deer 58 BCF. Since there is no well drilled in Mule Deer they assumed only fractured limestone. Most of the Mule Deer structure is in PPL 237 and the part of the structure that is in PRL 15 could be on the flank of a reef in PPL 237. Of course this is all speculation and we will need to drill a well to see if there is any matrix porosity or a reef in either PRL 15 or PPL 237.

As you know GLJ dropped Mule Deer from their next report and just based the resource number on Elk and Antelope.

Phil thought highly of the Mule Deer prospect and wanted to drill a well there.