what is mad doing with all its rigs?, page-9

They need to back that up with production though. Right mow there is an imbalance in the company's valuation on a reserves vs production (earnings) basis, and that imbalance needs to be addressed.

Reserves is good, but earnings growth trumps reserves.

There would have to be a very good reason why they havent drilled some shallow fairway wells.

Cheers, Sharks.