Question-and-Answer Session
[Operator Instructions] Your first question comes from the line of David Tameron with Wachovia. Please proceed.
David Tameron - Wachovia Securities
Hi, good morning. Question for you Bob, if I look at your production guidance, and just take out where you guys were in the fourth quarter, started at in Poso and Diatomite and as you said your rest of your clients in Midway, if I add that to the 20 you are at today, obviously that 30,000 a day kind of looks very achievable. Can you talk about what I could be missing on the downside or are you... are other assets that are declined that you have to overcome those assets or where do you expect the rest of portfolio to go?
Robert F. Heinemann - President and Chief Executive Officer, Director
We? of course we do have some other assets, legacy assets in California, Placerita et cetera. We are also forecasting that we keep Brundage Canyon relatively flat this year while we are waiting an EIS approval for the Ashley Forest so we are not seeing growth at our Brundage. The big piece, at least on a percentage basis growth is 100% increase or doubling the Piceance production and that should be fine but you know how it is with pad drilling. Your timing can kind of get in the way, so it takes a lot to drill all eight wells now and get them fraced and hooked up. We are working diligently to reduce that time. But we are giving you what we think is a good shot at P-50 and then obviously we will work hard to exceed that if we can.
David Tameron - Wachovia Securities
Okay that's fair. The EIS, where do you stand on that nationally for us?
Robert F. Heinemann - President and Chief Executive Officer, Director
We ... if submitted, we are hoping... we had originally forecasted probably very early next year what I would say now it's probably end of Q1, may be end of Q2 but certainly first half. We are going to drill something on the order of six to ten wells in the Forest this year where we do have category exemptions.
David Tameron - Wachovia Securities
Alright, one more question, and I'll let somebody else jump on, acquisitions currently looking, not currently looking, if so any more clarity you can give us on regionally?
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