The production trend is a bit vague. A little better than I was expecting, but I'm still glad I sold out when I did (the share price certainly reflects it too). There hasn't been a nice, steady increase in production, it looks like they're working hard to get an increase before reporting. Why did it drop so hard and then flounder around for so long, then jump back up? Surely by now if everything was going smoothly it would be a steady increase.
It really does look to me like the decline rates are posing a great challenge. More money into more rigs and more workovers will allow for greater production and especially greater spikes, but how profitable is this?
FDM Price at posting:
35.5¢ Sentiment: Sell Disclosure: Not Held