shakeout & what we have to look forward to, page-36

Hi Cmon

By efficient I mean in terms of cost, it is cheaper to to drill one 7500ft lateral than two at 3700Ft. They are now looking at 9000ft laterals.

Nett back in the end is the only thing that matters and getting well costs down and flow rates up through improved completion methods will help that, as does the price of oil.

Finding what they get for a BOEPD is my current challenge,I'm waiting for the Annual report to get a better guide.

Cheers Whisky