CapStar drilling out of Wyo. is drilling north of Nelson Reservoir in Phillips County, Montana. Is anyone familiar with that drilling company and what they drill for?
Dennis:
I think that CapStar is a Texas based company, possibly a parent company or a subsidery of a larger company. I'm not familiar with Phillips County in regards to the history of drilling activities but I believe that the few wells drilled in the past, targeted gas zones. Since gas prices are so low, they could possibly be exploring some oil formations in hopes of getting some great results. Do you know if any seismic work has been conducted in this area? If seismic has been conducted, someone might have seen an area or areas of interest. It's hard to second guess some of these drilling companies.