493 



Just a word or two about resource estimates. I don't work in that 

 area, but I do know they are very difficult, and the Interior esti- 

 mates are useful, but we certainly do our own. We don't all come 

 to the same conclusion. Sometimes you find somebody bidding $50 

 million on a lease, and another company bidding $10,000. That 

 gives you an idea about how difficult it is. 



I guess that is all I have to say right now. 



[The statement of Mr. Ayers follows:] 



