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To: stratic5 who wrote (18883)3/26/2006 8:28:10 AM
From: Unidentified_626  Respond to of 37387
 
DJE and Credibility

"If they come out w/ negative news regarding both Tinsley and Lavaca after doing multiple PP's their will be many angry investors and could cause serious credibility issues w/ Bob and team."

Amen

I don't think it takes very long to establish the presence or absence of commercial quantities of gas. However, in a multi-completion well it might be more complicated.



To: stratic5 who wrote (18883)3/26/2006 11:33:51 PM
From: badog  Respond to of 37387
 
bankerjohn,
I was told by IR that they would have an announcement by the end of 1st quarter...which is coming up very soon I would think. Also, there is no solid reason to think that they are going to present bad news on Lavaca or Tinsley. It could be good to offer the investment community the opportunity to buy PP shares at a good price and then announce good results that would let them show some good returns for thier clients in short order. This can have a positive affect down the road if any additional monies are needed for operations.

These are just my thoughts...doesn't mean they are correct.

Badog