Duncan, if you look at all the papering AUL has been doing since last fall, you'd wonder why Pat Powers doesn't have writer's cramp - maybe he does.
As for Blackrock / Nexgen, that was only $1.25 mil. After finding enough in JB#2 to warrant buying more land in November and planning wells 3,4&5 in December, I still don't see why a significant NR and PP would have more than met MEO's needs.