Iron Brdg Res Inc. OEXFF

RE:RE:Finally good news and a quick response from market +¢7.

[Ditto99]

The well results are positive however I had them pegged a little higher. Like ditchdigger has said, these are monsters that take 30-45 days to clean up due to the vast amount of sand and water that was pumped into formation, just like all of the offsets in the area. Months 2 and 3 should be better than current production. I'm guessing we'll have to wait until Q2 results now to see exactly how they are doing. If this is the case than yes these are great wells. IP30 and IP17 are dangerous metrics to base decisions on, need to see IP90 and what that rate is on day 90 to have a really clear idea. Bottom line, this is marginally positive but IBR isn’t out of the woods yet.