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.