ts $8.0MM Overhead $3.0MM Move in and drill 6 horizontal wells with 1u rig $24.0MM Move in 2nd rig in 2O and drill 4 horizontal wells 514.0MM Dry Holes, extra testing and mechanical problems in early wells $6.6MM 2010 Total Expenditures: $29.1MM $55.6MM Continued Leasing Costs $8.0MM Overhead