Cuervo Resources Inc CRVNF

boe/d comparison post correction

[dgh7]

Blue Rapids gas plant "February 2005" should read "February 2006" These plant production metrics are gross, not net to Find. From the Dec. 1, 2005 news release: "... the Blue Rapids plant's design capacity of 30 million cubic feet per day. At capacity, Find's net output share is estimated at approximately 20 million cubic feet per day of natural gas plus 750 barrels per day of natural gas liquids, or total volumes of 4,100 barrels of oil equivalent per day. ..." Find reports current net production from Pembina is 3,515 boe/day. Add another 585 boe/day net to Find (4,100 - 3,515), when the plant is at full capacity, and you get a (mid?) February total production of 5,685 boe/day. My earlier Feb./06 exit target of 6,000 boe/day net, should hold. Regards, Doug.