text: **12**| LETTER TO SHAREHOLDERS 
  
  wet natural gas and dry natural gas), similar to the components of the 
  Eagle Ford Shale. We have made a large commitment to this play and 
  have acquired approximately 1.2 million net leasehold acres and expect 
  to increase this total to as much as 1.5 million net leasehold acres in the 
  coming months. We are currently using three rigs to evaluate the play 
  and believe our leasehold could support the drilling of up to 12,000 net 
  wells. This is an area where we anticipate bringing in a joint venture 
  partner late in 2011 or early in 2012. 
  
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              [html]<thead><tr><td>0.0000</td><td>Table</td><td>Table</td><td>Table</td><td>P ‐ C</td><td>Table</td><td>1.</td><td>100</td><td>Table</td><td>d</td><td>1.</td><td>Table</td><td>Table</td><td>Patients</td><td>Table</td>
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