LOL,Wish they they would proof read their anouncements.Regarding...

LOL,

Wish they they would proof read their anouncements.

Regarding recovery of frac fluids.

I assume that the previous anouncement at 40% was correct (just a guess) and in this anouncement they meant 60%. But that is just a guess, maybe 46%, 56%, 66%, 76%? Pick a number.

Anyway if in doubt I always use the worst number. 16% would indicate there is room for greater flow rates, 76% indicates there is little if any room for improvement.

So from the release I will base my decisions on this being peak or near peak IP rates.

If my assumptions are wrong then at least I am being conservative.

But how can anyone estimate a value for a company which can not give acurate production details?

I own and will hold, but buy more? I will not decide till I know the actual numbers. To me the contradictions in their reports stop me from buying.

Anyway good luck all and DYOR