Hey Shab why don't you email the company? Worth a shot email them your questions and post any reply back on here.
It's important to note in the assessment of the blue ridge dome oil field you found oil was expected to remain flat @ $40 a barrel when in reality it was more like $80-100 this is the only reason the closely spaced well strategy can work. You can't say it won't work because we haven't seem production data for several months! Which is well within the companys rights.
You make some good points if you can tie them together...
FDM Price at posting:
99.5¢ Sentiment: Buy Disclosure: Held