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Big Mur

08/05/08 9:10 PM

#38279 RE: PinkElephant #38273

Not to nitpick... okay, I'm nitpicking....

But 68 barrels was an accurate number. It wasn't "optimistic", it was actual. BUT as was PR'd.... it was a "flushed in" number.

He said it exactly, perfectly, as it was. He can't help it if shareholders won't understand industry terms.

People, like now, were clamoring for information sooner rather than later, so Keith PR'd the flushed in number as an indicator of how well the production from that well would be. Good "flushed in" number = good production number (usually).

Keith can't win for losing on this information thing... if he states things correctly and accurately in industry terms (which is how it's supposed to be.... it's no different than a doctor using proper medical terminology to accurately describe something) then people miss the point and significance of what he's announcing. If he keeps it simple and in laymen's terms, then down the road he gets slammed for not being accurate.