Yes the reserves increased fourfold but the capacity of MAD to...

Yes the reserves increased fourfold but the capacity of MAD to monetise those reserves did not increase and was the factor limiting the share price.

If you only have say 1 or 2 drill rigs drilling the wells to access the oil it could take you many years if ever to access those reserves for production and thus produce revenue.

The latest ASX release is the game changer that MAD required. All their rigs and other drilling capacity can be mobilised to drive production increases. The best part is that the low production low risk wells - say 100 in the next year will increase production by 2,000 - 3,000 bopd with high confidence levels.

The real meat in in the high impact wells which could have both size and production scale. It is startling when you see a figure such as 50+ high impact wells.