positive news, page-76

While you may have checked the figures EMC have you checked (with the company) that all Gas to BOE conversion ratios have remained the same from the beginning.

Only in the Qtrly released end Jan did the annotation appear that 10:1 ratio was being used. This annotation has also been noted in the Production reports from Feb onwards, specifically to more properly align with oil revenues. Could be because GOR has increased, or more likely a lower price is being received for the NGLs produced.

Since this is a production measurement comparison, better off to deal with the raw data.

But O&G wells decline naturally, so decline is expected unless new wells are being brought online to offset the decline.