Is there any task plan for this Meeteetse coal that you come across in the Big Horn?
Yes. The Meeteetse coal is in the Wind River Basin but the company is not being open about it at this point. We have not drilled it yet, but there is data in the area that suggests satisfactory gas content in it. Could be a decent little CBM employee in the area. We will probably drill that well in the summer of ‘07, and once we do will talk more about it.
About potential acquisition, CH4 bought last year. What area would you particularly focus on in terms of acreage additions or a real M&A deal?
Given the company’s inventory in the assets, it doesn’t necessarily need to do an acquisition over the next 2, 3 or 4 years. It is, however, always on the lookout for opportunities that present themselves. Looking at other potential M&A opportunities, the company always looks at things in the Rockies and continues to build its position as it relates to the current assets in its portfolio. |