Bingy,
These directors are experienced in their field and would surely not ignore costs such as workovers etc and it's fair to assume that some of the forecast would have these costs incorporated into it.
The admin costs were similar, only in the recent quarter forecast is $37,000 more than the last. You should be more concerned with how much is being spent on development, which the current forecast being approximately $450,000 higher.
More wells > more revenue > happy investors
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