I was hoping the information provided would be positive but really based on what Abby said,
with the field dropping an average of 30% per year, they need to drill 80 to 90 good holes just to increase production by the 10 - 15% Does that mean the next year they need to drill 100-110 the year after that 125-135 wells to keep the increases? Where does it stop?
Sometimes I just get so frustrated with this play. Here's hoping we have some kind of surprises and he's playing the negative card on purpose just for that reason.