confirmation, page-11

paprika
good research. Your point is the exactly the reason I have been negative on this stock for 10 months now. These small wells flow high numbers early on and then collapse within a few months.

Many of these wells have flowed 60 ,70, 80 or more BOPD initially but it does not last very long.

So my instincts tell me that these small wells are unecomomic . It also raises the question. Will this flow high and collapse pattern also apply to the high impact wells.

I will maintain my sell view on the stock and will expect the usual abuse.

Howver I will be happy to watch from the sidelines to see if you can get anyone to explain why this rapid decline is not a problem.