brad simmons blue ridge dome , page-21

bluegoose
there is no evidence that small wells will produce at 20 BOPD.
Current average is close to 11 BOPD and has been falling very significantly.

Surely with close to 60 wells in production the actual average must be more representative of the real numbers and not the 20 to 25 BOPD sprouted by management.

I would also suspect that management would have attempted to drill what they thought were the best prospects in these first 60 wells.

So either management dont know where to drill or current results are the best MAD will get from these smaller wells.