Better get on the phone and call up Gowdy (whoever he is)...

Better get on the phone and call up Gowdy (whoever he is) because AKK published Pierre well production chart is nothing like this statement

"Also Shale oil decline rates have improved drastically in recent years. When the shale industry first started a decade ago, decline rates stood near 90% but are now said to be nearer 20% over the first four months of a well’s life."

The AKK type curve(s) for Pierre production mimic most current type curves for shale producing basins across the USA  ... always the possibility that these 15,000 acres are different though. Get on to Rowdy or Gowdy or whoever it is you are talking to and let us know.

So which is it. Are the AKK decline curves in the investor presentation wrong or are they right?