Cuervo Resources Inc CRVNF

Finds Plant Problems

[leakeybill]

Find had a fire in their new blue rapids gas plant in the first quater that took out one third of the plant capacity. 1 of the 3 compressors failed. That equates to about 10 mmcf of gas not being produced and associate liquids 300-500 boe of liquids. More higher pecentage wells to find are being brought into production now which should result in higher production rates net to find. Find believes that have a nisku well location located in the 3D seismic under the play and we will be looking forwards to them convincing their partner Burmis to drill the location.

[duckhouse]

200 - 300 boe - Fire + ~ 200 boe - Neighbour shut in. + ~ 200 boe - Sand Bagging. 5400 - Accounted For. ----------- 6,000 boe Minimum - Now we're talk'n eh Leaky Bill! - Nisku oil. - Current plant @ max - Adding 20mmcf. - Low expences due to plant & ability to supply their own frac fluid. - $120 Million capital program - Already 2 rigs

[duckhouse]

200 - 300 boe - Fire + ~ 200 boe - Neighbour shut in. + ~ 200 boe - Sand Bagging. 5400 - Accounted For. ----------- 6,000 boe Minimum - Now we're talk'n eh Leaky Bill! - Nisku oil. - Current plant @ max - Adding 20mmcf. - Low expences due to plant & ability to supply their own frac fluid. - $120 Million capital program - Already 2 rigs

[duckhouse]

200 - 300 boe - Fire + ~ 200 boe - Neighbour shut in. + ~ 200 boe - Sand Bagging. 5400 - Accounted For. ----------- 6,000 boe Minimum - Now we're talk'n eh Leaky Bill! - Nisku oil. - Current plant @ max - Adding 20mmcf. - Low expences due to plant & ability to supply their own frac fluid. - $120 Million capital program - Already 2 rigs