RE:Long Dream Resources ?floridakeys wrote: Lets face...The market has clobbered the company since then and basically discounted any results from this program notwithstanding that we are still getting around 1450 boe.
...
We're looking at high decline rates in Swan Hills. The 1450 number is the last 7 wells and was back some time ago.
Look at the September presentation ...
Swan Hills production in July was 2,919 boed.
In June they reported Swan Hills production of 3,100 boes.
Thats over 5% , 1 mone decline and we don't know where we are since July.
Management is treating us like mushrooms, thats part of our problem.
We don't know.
Perhaps we'll get an update next week.