Cuda Oil and Gas Inc V.JNX

" JNX CORRECTION STATUS "

[tprig1]

      In the event current correction breaches $0.80,the next temporary support  potentially @$0.58
 Irregardless of recent publisized artcles, some significnt facts have been omitted ,such as
1)The recent Galt #4hz test rate of 316 bopd is insignificant for a horizontal competion w/ this magnitude of horizon'l drainage interval.

 2)The well is incapable of producing under natural flowing conditions& prematurely requires artificial lift.

3)Tte well is located in a remote area w/ no infastructure .
 
4) One well in a premature exploratory phase with a marginal test rate does not warrant ridiculous high pricing .