Ann: Maverick Shareholder Letter, page-42

Paul the new report will have to be accurate, can't be the same as the old report. They will be economical recoverable barrels. Might not be much, 5 to 10m max, but it's a start. Production is going to crash closer to 750 bod long term to make the company cash flow positive. Drilling will be at a minimum. Can't see gulf coming back. The last quarter, of the 6 gulf wells, only one was a production well. The rest where p&a. 3m down the drain for gulf