Diversified Oil and Gas Holdings (DVFI)

[Cardinal Relentless]

"The increased decline rate of ng wells is a known problem in the industry. "

That's because the economics of ng have changed to the extent that wells that never would have been put into production 2 or 3 years ago are being produced now, and a lot of them are "pennywhistle" wells from small reservoirs that are guaranteed to decline quickly, simply because of their smaller size.

When ng gets to $20 people will be drilling their compost heaps.