This is an exceptional acquisition for Wells REIT II due to its primary market location and strong tenant roster. We continue to be interested in the major markets in Texas and expect to see more acquisitions activity in the state in 2006.

The market has a very strong undertone to it and would seem reluctant to surrender too much of its recent gains. Very strong and robust turnover yesterday ventures to suggest some serious commitment to the market place.

Merger and acquisition activity is the primary driver in the market. Investors are greedy for the next deal.

The market is due for a pause.

(The fall is) primary due to the shortened week.

The Mallen #10-1 is a direct offset location to two prolific wells. This is the first of several locations we plan to re-enter in the Sooner Trend Field, using new cost efficient directional drilling technology provided by Weatherford Directional Services, Inc.