Bowerbank 11 and 12 have both been spudded. One of them looks real good and should be another producing well. The other well is still being drilled with no results to date. Royale is still loking at the bright spot data for the North Arbuckle 3and 4 wells. Natural gas prices have moved to about $2.39 this week. Good news for us investors as gas continues to decouple from oil. I really still feel that both new Bowerbanks will be sucessfull. I will see the Royale folks at the S.F. Money in August. In answer to your second question Royale introduced the 1998 B Project at the Chicago Money show last week. If you are expecting a propectus and don't get one within the next week call Mr Jack Connolly at 1 800 447-8505 and he will get one sent to you. Hope I have assisted you and by the way good investing to you and your family. Hi to Happyness.