what lies beneath.!, page-39

Bhom
and in Sept 2011 it was 737 BOPD.

The more important question is why it dropped from 737 to around 400 over 12 months while at the same time drilling lots of new wells.

It is obvious from the data that new wells flow ok for a very short time and then collapse.

SO while MAD can drill lots of new wells they can increase production slowly but even then their will become a point where production wont increase at all.

MAD are basically burning money on these small wells. At this point in time it is the Gulf investors money. But it wont take long before the Gulf money dries up and it becomes MAD shareholders money again