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Re: ValueFact post# 879

Tuesday, 12/26/2017 7:04:05 AM

Tuesday, December 26, 2017 7:04:05 AM

Post# of 3740
DISAPPOINTING. Wells M1 and M17 were so promising but DISAPPEARED under the radar. By still resting on the laurels of that amazing production jump from 40 bbls to 400 bbls a day -- that's OLD NEWS. What have you done for me lately? CERTAINTY: LARGE SECONDARDY STOCK OFFERING IS GUARANTEED. This is WORRISOME. I expected to see that 400 bbls daily JUMP to at least 800 bbls; but in 8-9 months, it seems as if output is stuck at old levels. Why -- what happened to wells M1 and M17? M1 was measured at 25 to 30 bbls a day w/out gas flows measured. The lack of production detail, especially the inability to grow output, is DISAPPOINTING.