Nothing New Here, Move Along, page-4

I think you are a deramper and I disagree with your very negative interpretation.

I understand decline rates - after all we have the actual decline rates from Cambay 73 (Q1 2014 report) to see and Cambay 77H is at plateau production after 88 days approx (i.e. the most rapid decline has already occurred).
The normal shale gas expoitation method is you keep drilling wells until there is no more room for new wells because the wells do decline and this is well known - and you should know this? So after proof of concept and further deep exploration wells etc., you can drill a well a month for say 6-8 years and have a very commercial operation funded by oil and gas production - in my view.

I agree with Ron - the negativity shown by many (you included) does not line up with the facts.

That said I will continue to hold my shares and wait for the production test and the forward plans for Cambay rather that write off the field as you have done.

joatmon.