Question-and-Answer Session
Operator
(Operator Instructions). Your first question comes from the line of Leo Mariani with RBC. Please proceed.
Leo Mariani
Hi, good morning guys.
Benjamin Hulburt
Good morning Leo.
Leo Mariani
Two question on your production guidance here. Just looking at your press release here, you guys had your fourth quarter guidance for '09 kind of guiding production down a little bit here from the fourth quarter. Just trying to get a sense that you guys have factored in, any impact in the Marcellus Shale that you guys have recently drilled here in, I know you did a couple as well completed?
Thomas Stabley
Well there is some impact in there, Leo. We have tried to be pretty conservative with it. We've also given the flooding that happened in the Illinois Basin in the first quarter of last year, we've tried to account for that you know, in the event that that can say happen again in that first quarter guidance. So we have tried to be conservative than factor those things in.
Leo Mariani
Okay, got you. I guess [an ablation] just curious if you guys have a test rigs on those first couple Marcellus wells?
Benjamin Hulburt
We are continuing to test both of them, Leo. And we do have some flow rates, but just don’t have enough sustained data yet that we are comfortable out. I think we could look to do that within about a week or so.
Leo Mariani
Okay. Would you guys anticipate coming out with the press release at that time with some low rates or??
Benjamin Hulburt
I think we will hold off doing the press release until we get the third one fract and get the flow rate on that as well. At this point that fract is scheduled to take place on the 17th.
Leo Mariani
So, we reasonably assume that you come out maybe at some point at the end of November, early December?
Benjamin Hulburt
Yes.
Leo Mariani
Okay. In terms of your Bridgeport pilot, are you guys still kind of confidence that working according to your preliminary engineering estimates and do you think (inaudible) quick response in December?
Benjamin Hulburt
Bill, do you want to address that?
William Ottaviani
Yes, this is Bill Ottaviani talking. The Bridgeport pilot is responding within the parameters that we had expected from the earlier laboratory trial. So at this point we really have no reason to expect any deviation from the future expectations. So as the oil cut continues to rise, model suggests that we should be peeking sometimes late this year.
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