I just talked to BC today (Jan. 31, 2008) and he is trying to schedule the appropriate personnel to log JB #2, which should take 30 hours since it is cased.

Business competitors are eagerly awaiting the next news release from Montello, so they can use the information for their own advantage.

Using information from an previous hole a business competitor deepened an existing hole and created a blowout. The well is flowing at 9mmcf (Monetary Value = 9,000 (mcf) * 7 per mcf (est) = $63,000 * 365 days = $22,995,000 (est) annually).