Xun Energy, Inc. (fka XNRG)

[michaeldesanta]

Production curve

Subsequent years should see larger production as the wells generally increase oil output over time.

I don't know where you are getting your information, but that statement is not true. Wells generally decrease oil output over time.

Yes, you are correct, but I think you're taking that out of context (and I should have been more clear, so I apologize). I can't go back and edit it now. :S What I'm saying is that the initial production will be lower, as in the first month while they tweak and fine tune things, but it should increase and reach peak shortly and stay up for some time. Eventually, as you've stated, it will drop. There's curve chart on the Powerpoint Slide that illustrates the eventual diminished returns, but the forecasted life is up to 10+ years. If oil prices continue to climb, it may stay in production longer due to the profitability of maintaining the low output well.