Yes wintersun, just like I said. GO TO THE PRESENT Page 21 of the latest presentation fills in all the blanks, in a simple and concise manner.
Tracks production from the various areas, and the unrisked potential production rates for
them at a particular point in time. Unless the company posts a production profile for each
zone of a previously produced well, its tough to forecast any decline rates and or water cut.
None of this matters that much anyways, as the wells are brand new, coming onto the production
grid. It would add to the DD if we could see this on the presentation, however, not neccessary
for most of us. As I mentioned previously as long as company grows organically, and doesnt take
another company over, but instead is a potential takeover candidate, we should do very very well
even from these levels. The first 2 quarters should really show a large bump in BOEs/day, while
significantly increasing our cashflow and financial health. Good luck to all.