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Monday, March 26, 2007 9:21:07 PM
On the assumption that I count as a genuine poster, this is great news. There are serveral things to look at. One, BD is clearly investing capital dollars to increase production. Just basic business, you spend money to make money. So, there is no PR hype in the fact that they have the confidence to invest their funds to drive production and the bottom line. Second, I thought the PR was balanced, most of the wells came through, a couple missed and they will re targeted. Has the feel of the truth about it. Yes, the initial flow will slow down, but that is to be expected. You get the sense that the focus on production is now king. I just wish we had more info.
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