Doodlebugger, the 'here's what you could have had' extrapolation is not needed, we and the market all know what the wells very close by are producing some amazing numbers.
Other companies such as Petrohawk are successfully completing 100% of their wells, that with 170 in a quarter..
Operational success is what is needed right now and unfortunately we are not seeing it. The net result is that in just 4 weeks the JVs have shot 1/3 of their wells with a 100% stuff up ratio.
Needless to say I am not happy as I get the feeling these guys are learning as they go - and at my expense.
ADI Price at posting:
16.5¢ Sentiment: None Disclosure: Held