Orchestrated Pumping this weekend by someone wanting to unload

[petrengr1]

I believe the conductivity issue is spelled out in the SPA.

You are correct. It is in Annex 2 of the SPA of 3/26/14 (on page 71):

"Any petroleum encountered in future wells on the Antelope Field or its lateral components that is in Pressure Communication with petroleum in the Antelope-I, Antelope-2, Antelope-3 or Elk-4 wells
will also be considered part of the Antelope Field. Any petroleum encountered outside the Antelope Field but in Pressure Communication with wells that are part of the Antelope Field will also be
considered part ofthe Antelope Field.
Pressure Communication means with respect to any accumulation of petroleum, that:
(a) such an accumulation has petroleum bearing sediments which are in direct and continuous petroleum contact with the Elk Field or Antelope Field as necessary;
(b) such an accumulation belongs to the same petroleum pressure regime as the Elk Field or Antelope Field with which it is in such direct and continuous petroleum contact;
and
© the composition of the petroleum of such accumulation is consistent with the composition of the petroleum of the Elk Field or Antelope Field, as applicable, with
which it is in such direct and continuous petroleum contact. "

I leave it to others more knowlegable in pressure testing, like Pet or others, to explain exactly how the current testing regime will compute with these 'pressure communication' definitions in the SPA.

2126- This wording in the SPA about pressure communication really has nothing to do with what we are now doing in the Antelope Field. The testing we are now doing is just to confirm that all of the field is one large “connected” gas field where all of the parts can be drained by the existing wells or any other wells drilled in the “recognized” Antelope Field.

What the SPA clause was for is if we could prove that some other area or prospect that is currently not recognized as being a part of the Elk/Antelope Fields was in pressure communication with the Elk/Antelope Fields then it could be considered a part of the Elk/Antelope Fields and could be included in the resource volume to be paid for by Total.

I don’t think Antelope South ever had a chance to qualify as being in pressure communication with Antelope but I still think there is a possibility that Mule Deer could be in pressure communication with the Elk Field. I do not know of any other possibility.

All of the Wells drilled in the Antelope Field are part of the Antelope Field and will be included in the resource payment no matter how the interference test turns out.

I hope that helps.