i know some of you aren't checking iHub anymore, but here's an update from blowout:

"...just like any other oil company who finances a well drills it, brings out the oil and pays the debt until paid in full, so lets be straight here, the money goes toward the buy out, and the leases belong to DRAKE and Drake is working to have the Myers lease of 12 wells up and pumping, that's it boys and girls going toward 12 wells pumping at least 2 BOPD that works out to 24 BOPD and that works out to 720 BOPM that I hear is the goal, and I am one to believe they can do it, IMHO"

sounds like peter and chris are shooting for 12 wells up and running. can't wait...