From Devon Energy March 2013 Quarter Seeking Alpha Transcript of the Conference Call with Analysts." Now shifting to our JV with Sumitomo, exploration drilling continues across the partnerships 556,000 net acres on the eastern flank of the Midland Basin and along the Eastern Shelf(We are mostly on the shelf in Mitchell County). In the first Quarter we drilled 8 wells across our multi-county position targeting the Cline Shale. We have data on roughly 30H wells completed by Devon and industry, to date. The results vary widely, from 30day IP's ranging from less than 50Boe/day to over 800Boe/day. We believe that drilling without the benefit of 3D seismic is contributing to the variability in results. We are in the process of acquiring 3D seismic in the area and expect to begin incorporating our findings into our program later this year. In addition, we continue to experiment with different completion techniques and landing zones in an effort to improve results. In the 2Q we will begin drilling our first 5 well pad in Sterling County, with an eye towards gaining operational efficiencies and reducing costs. Later this year we also plan to test a H Wolfcamp on a portion of our Cline acreage. Keep in mind, our operation is spread over a 7 county area encompassing @ 5,000 square miles and we are still in the early stages of evaluation."