I thought the following two comments were particularly interesting for different reasons.

"Eric Anderson - Hartford Financial

Similar, okay. And one question on if you guys had any comments on the news that (Devon) announced in terms of their record well in St. Augustine (County)?

Douglas H. Miller

Yeah. We did have some comments we wish we owned it (laughter).

Harold L. Hickey

We saw it. We know Crimson very well. Oak Tree is our largest shareholder and we were with them. We're not sure if it was a shale or a lime well. It's deeper, and I know Oak Tree is jumping for joy so we're rooting for them. We don't have any acreage down there, but we're rooting for them."



"Brian Singer – Goldman Sachs

And can you characterize what is available in terms of call it high quality DeSoto acreage versus maybe acreage moving to the north where there may be more questions or it may not necessarily be as core?

Douglas H. Miller

Most acreage is leased or held by production so what we're seeing is trades, we're seeing larger companies that might want to do a trade, and we're seeing small private companies that John knows or has known. We've been over there for 10 years so some of the private companies that might have 500 or 1,000 acres — I mean we've leased acreage 40 acres at a time in some of the units so every acre is valuable over there. It's ranged from 6,000 an acre to 15,000 an acre and the more we pay the more aggressive we're going to be as far as drilling. But I'd say John's got wide open in DeSoto Parish. Anything outside of DeSoto's Parish he has to come in and get Steve's permission."