RE:RE:RE:RE:RE:RE:RE:RE:topgun..........what u sayin boy Actualy when it comes to what the rate of production is you don't need to call Chris. It is all detailed in the financials and the last release indicated an average of 350 bbls per day compared to a stated exit rate of 1020.
Don't bother with Green, he is very myopic about ARW and absolutely will not entertain any negative comments regarding either Cooper or the company.
All I can state with any certainty is that the average daily production is far below stated exit production but there are some other reasonable indictors that actual production will rise and so willtheshare price once it is reflected in the financials... not before.
On a positive note Chris has stated that maybe they will get 1200 to 1300 bbls per day... well considering that that was basically the outlook for the end of 2012 it looks like he is starting to show some restraint and tempering his rosy outlooks with a bit of reality.
Anyway the real bottom line is that because they are showing the same restraint in their drilling program and conserving cash they stand a decent chance of achieving a greater shareholder value... not the buck that Green keeps touting, that isn't happening anytime soon but I think .40's to .50's maybe even .60's might be a possibilty... unless they end up deciding that further financing is called for, in that case... take a profit if you can and sit it out for awhile.