4:15 p.m. Drilling Update

In the update at 11:15 this morning, we stated that Texas Brine advised that the snubbing rig would not operate on a 24-hour basis. Texas Brine has updated us in this afternoon’s meeting, once drilling begins with this snubbing rig, operations will run 24 hours a day. The estimated time of entry into the cavern remains the same – which is possibly as early as Thursday evening; however, more than likely on Friday or could even possibly move into Saturday.