RE: LEG Corp Presentation The numbers in the Legacy presentation shouldn't be read in anyway to apply to us. I believe they are just stock projections for the Alberta Bakken taken from a Scotia report. In the presentation it says that capital costs are 2.5 million when in reality they are ten million currently. Even in a scenario were there is development drilling costs will get down to 5.5 million. So if you magnify the costs to the appropriate level then the economics will decline. Hopefully though since we are in the overpressure zone the Ultimate reserves will be higher to balance out the costs.
According to the presentation the two wells are under production and the 3D is going to be undertaken in Q1 2012. This means that BWD is currently getting 50% of the cashflow from these two wells. Hopefully its enough to pay for their share of the 3D.