"As for saying that the company averages 10 -15 bod, is just fanciful, they average more than that. It would be 20 BOD, Which in the scheme of things, isn't very much per well. But it is what it is. Everybody knows that mads production per well is poor compared to peers "
I use very simpple logic
BOPD 1499 Divided by number of active wells 110 to 150
I really dont care if a significant portion of the active wells are offline waiting for workovers as this is reality.
FDM Price at posting:
29.0¢ Sentiment: None Disclosure: Not Held
