I guess XOM

In February, we reached a tentative agreement for a joint venture in our Lower Smackover Brown Dense play in Southern Arkansas and Northern Louisiana that includes cash upfront as well as a 3-year term carry on accelerated investment activity. Our plan includes more active drilling program in the Brown Dense in 2013.

To date, in the Brown Dense, we have drilled and completed 6 wells, and each successive well has shown an increase in initial flow rate. Our latest well, the Doles well, located in Union Parish, Louisiana, had an initial flow rate of 435 barrels per day of 55- to 57-degree condensate and more than 2.5 million cubic feet per day of 1,250 Btu gas. After flowing more than 90 days, the Doles well exhibits producing behavior similar to the BML well.

We've now spudded our seventh well, the Dean horizontal well, located in Union Parish, Louisiana. We believe to -- we plan to drill and complete a 3,000-foot horizontal lateral with initial results expected from this well in the second quarter. This well will advance our further understanding of frac geometry and appropriate landing point as well as cost performance. We're learning more about the play with each successive well, and we are focused on analyzing various methods to optimize our fracture stimulation with a focus on increasing reservoir contact area.

Our results along our path to commerciality continue to progress, and we continue to believe the size of the prize is significant. We remain encouraged about this play, and I look forward to updating you on our efforts to bring this idea to commerciality in the coming months.