The 300 Club

Investors eagerly awaited the update on the discovery well, which is now flowing and in full production (with photos on their website) on it's own pressure without stimulation or pump.

However, the 48hr production of "50 - 60" b/d, while more than the 35 b/d which is what the discovery hole was only meant to confirm, was considerably less than the appx 180 b/d that IR was heard to have opined. Should be interesting tomorrow.

http://www.stockwatch.com/oldsite/oldsite_chart.aspx?symbol=POP&region=C