imshredin2, I don't call it a fail to deliver. Just the other day it was being proclaimed on here how a reserves report needs to be done CORRECTLY and with the correct data. Doing these correctly and more importantly, to the proper oil and gas industry standards, takes time and DATA. Looks to me like Hemi is not rushing this and is trying to do it correctly. How can Hemi please you guys? On one hand it must be done correctly and then in your view it doesn't seem like it matters how they do it so long as they just put "something" out. Sorry, doesn't work like that. It seems like you don't really understand all that it takes to perform a reserves report correctly.
And, again, IMO you are focusing on the wrong pieces of information. A report saying x production can be pointless and/or not tell the entire situation. What Hemi has told us (debt free and paying the bills with the production of oil) is far more important than a report of x bopm when you won't know how to use that data. Example... what's better... 2500 bopm with all bills being paid, money banked, and enough for future development or 5000 bopm from a company where it takes 10000 bopm just to make the debt payments? Simple example but goes to show it is more important IMO for us to know that oil production is keeping them cash flow positive than it is to just know a bopm number.
