Drilling/Development Schedule, page-215

Have to agree with @Ratbox and been consistent in this position since this whole TPD thing started. The BOD needs to take stock and focus on delivering on its gas acceleration strategy. I will happily fund more CRs to achieve that goal because it will make the company become stronger and bigger faster. I understand the rationality behind TPD. However, if they are to go out and acquire another explorer with zero cashflow, I'd certainly be questioning their collective mindset. I understand that they need to establish a runway of future drillable prospects to ensure we maintain our reserve replacement ratio, but once they bring SE, WE and maybe OH online, they will have enough time (WE and SE will have a field life of 15+ years) and cash to farm in or buy any prospect they see fit.

It's all ok to run at a million miles per hour.... until it blows up in your face. A good, balanced board should be able to see the signs.

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