"... more detail about our Warrior Prospect acreage in Carroll County, Ohio. We believe this acreage lies in the liquids window of the Utica Shale and has the potential for both condensate and natural gas production. With its close proximity to major pipelines and infrastructure, we are looking forward to development in 2012. Based on our contiguous acreage position, we have identified approximately 80 net drilling locations in the Warrior Prospect to date base don 4,000 foot lateral links and 1,000 foot spacing between laterals. In order to execute our drilling program in the Utica, we have contracted with our drilling partner, Union Drilling, to build REX a state-of-the-art new drilling rig capable of drilling to these deeper drilling depths in the play. The rig is scheduled to be delivered in the second quarter of 2012 ..."