Question-and-Answer Session
Operator
(Operator instructions) Our first question will be from the line of John Freeman from Raymond James. Please proceed sir.
John Freeman - Raymond James
Good morning guys, congratulations on the Three Forks test.
Harold Hamm
Thanks John.
John Freeman - Raymond James
The first question I have since you do have now basically in the industry a 100 wells in the Three Forks, as I mentioned half are yours, I am trying to get a sense of what – after you have done this extensive reservoir test, what do you think that your reserve engineer is going to need at the end of this year to start giving you all Three Forks locations and offsets like they would in the Bakken?
Jack Stark
I think we had the basic material that we need to go forward but Gene Carlson is here with us and Gene you want to comment on what you all might need down there?
Gene Carlson
Sure. We do not see any difficulty in looking at where we have proven the productivity of both zones but the problem is we need to go back now and confirm that both zones are productive in given areas and confirm that these same conditions that we have measured with this test exist in those areas. If we can do that I think we can book both zones but we need to have both zones being confirmed as productive in several more areas.
John Freeman - Raymond James
And what do you think the time frame of that is?
Gene Carlson
Our drilling plans for next year will be to do that exact thing over more areas including some areas that we already have both zones producing in.
John Freeman - Raymond James
So it could potentially be more of probably a 2010 event than your ’09 reserve report?
Gene Carlson
I would say so, yes.
John Freeman - Raymond James
And then I am trying to get a sense with the pad drilling how that would potentially improve I guess the likelihood of down spacing and what plans you all would have to begin some 320 acre down space wells?
Harold Hamm
Let me pick up right there and add that we have several areas here that we believe this has proven already and obviously our Galaxy [ph] and Rocket areas has had extensive drilling in both zones through there as well as Norse. Basically up and down the Nessen there. We see much of this play – we have established both zones in it at this time. So we are ready to go without a doubt and save all these areas. We talked about when we would be going forward these ECO-pads and we have spaced a number of them – right now we are busy in there getting permits where we need it from Federal acreage to accommodate this very same thing. So we are ready to go to flat business acreage.
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