mad versus aok, page-11

Sharkbait is on the money here..

Gas is currently priced really low in america, sub 2$/BOE... cheapest its ever been due to the surge in shale, thats why liquid contents of reserves are more important:

furthermore:

MAD is a low cost driller into salt domes, which give reliable flow rates and a payback time for wells of under 1 year. MAD has a well success rate of 90% and owns it own rigs.

AOK does not own its own equipment, wells are more risky and more expensive. Production and workover costs for AOK are higher and the decline rates for multi-phase wells (gas and oil) are higher (in $/day) than in pure oil wells due to GAS being more easily extracted than oil and more willing to surface.

as I said in MAD forum, two very different companies with few similarities. Might pay to do more thorough research than looking at the reserve charts...