They call him coydog, coydog, faster than lightning,
No-one you see, is smarter than he...
(If you don't get it, please don't ask. It isn't funny enough to be worth explaining.)
Regardless, I think that coydog has reiterated an important point. While Hemi has made tremendous strides on the leasing front, the weather thing really threw a wrench into things - much bigger that I thought originally. Because of the seasonality of the work, I think it set the over all plan back the better part of a year development wise. Still, there is a lot they can do between now and next spring, but simply getting back to previously expected production levels will be worthy effort.
They'll get it done and more. Just those 30 'mature' wells justify 2-3 times the current market cap. Give them some time to de-water and start producing and then we'll actually have some production numbers people keep whining about.
