Sounds like the national anthem of bagholders. This is important stuff!
HMGP management can set the course straight, and not give away any 'corporate secrets' by providing what any legitimate oil and gas operation does...
post overall monthly production figures,
well counts,
how many wells reworked with before and after rework production figures,
the oil and gas business is one of cashflow, since we can't produce dollar bills from the ground, we need to produce product, sell product and replace product reserves.
All simultaneously because if you don't its like a three legged stool....one leg missing you'll fall on your arse.
This is oil field arrogance at its best, but the one thing I'm sure of is that whether or not the shareholder gets any of the rewards, the owners of the corporation will not only make great incomes with great perqs but they will also provide themselves shares that will be quite valuable.
Let's hope they don't go the route of issuing a new class of stock that is preferred wherein they get the preferred shares on some formula basis and then the preferred shares take priority over common shares.
Don't say it can't be done, just look at PBLS for a specific example. Not saying that this management team would do anything like that but it is possible, therefore the word of caution and the callout for the HMGP management to do something directly for the common shareholders.
A dying but not yet dead shareholder.
USC