wow, page-11

Agree. Dusters are reality but do not reduce real reserves.
I am invested in VPE's Eagle drill also. They found oil (actually someone else found it years ago), and have had all sorts of drama trying to get it to flow. The Eagle debarcle has cost $ 8 million plus so far and they have no flow rate yet.
Since Eagle spudded DLS and Santos must have cased 20 new production wells, tied a few into production and are pumping already for real income.
If you know the nature of the field geology, at what depth the oil is pooled, and what is required to get the oil to market, you just do it. The only prerequisites are find an economic column and pump it for record high oil prices.
While Eagle JV and numerous other companies struggle to find economic oil, DLS and Santos are averaging one to two new wells a week. That must be some sort of record.

DLS has one problem. They do not blow their trumpet loud enough. Other junior oil companies would be raving about this success. We are told they are pleased, and by the way the oil found extends the field 1 km NE.
Come on Mr Kelso, spend some money on a wordsmith.