crucial fact, page-69

nihilism I never stated that management are liars. That is a very serious allegation and you ought to retract it. I am questioning the reserves figures which were estimates made prior to development activities generating additional data which ought to be taken into account when recasting the reserves. This is standard oilfield practice.
If Zivley 170 and Rice 299 were exploration wells, and West Schenk 602 and 118R were not development wells, do you care to explain why MAD reported them in its December "Summary of Development Activities" and in the same report stated "...the drilling, survey and other work completed on Maverick's current Blue Ridge Dome, Boling Dome and Nash Dome leases is of a developmental nature, as opposed to exploratory. On this basis there are no exploration activities to report....."
The mere fact that Rice 317, Lee 921, Zivley 170 and Rice 299 wells tested the Het Lime in addition to coring 'oil productive' sands, doesn't mean that they ought to be considered exploratory in nature only and outside the fairway / reserves calculation.
What evidence do you have that Rice 317, Lee 921, West Schenk 602 and 118R were not in the bounds of the reserves and if so why are they included in the development summary and not reported as exploration activities?