Jurek,

As always, great post with good insight. I think you have been saying this all along so there should be no bashing of your comments. I wonder if we put the hindsight behind us if we are all going to put away our crystal balls as well and quit stating oil will be $200 per bbl and that production at POD1 will get fixed since this is not fact but purely fiction at this point in time.

I see no reason to believe DG will get POD1 back to 10k anytime soon or without considerable more investment, neither of which should make any shareholders happy.

The facts are their press release dated Feb5th, 2009 stated that production at POD1 was 2.1m barrels and at May15th, 2009 production was 3m barrels. Thats an increase of 900,000 barrels / 99 days (Feb5 -May15) = 9090 bbl/d. Then production increased to 3.3m barrels as at June30th, 2009 so an increase of 300,000 barrels / 46 days (May16-Jun30) = 6521 bbl/d. Does this make sense?

As already stated they have added new well pairs and spent millions of dollars on submersible pumps that by Dg's own admission are not working out as planned. Does this sound like they have things under control.