Expect distribution coverage ratio to average 1.13 for this year.

New acquisitions in Permian are mostly oil and they are looking at more attractive oily opportunites than gas now. The recent Permian acquisition is not currently producing and will start to add to production in early 2010.

Line has considerable gas production shut in now due to low gas prices, but will restart these wells at about $4.50-$5.00 mmbtu, sustained.

They are targeting adding 2013 oil hedges at about $90, which may happen very soon. No mention of new gas hedges.