Re: Board's Agenda?? madmax
in response to
by
posted on
May 19, 2008 06:32AM
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MEO needs to do a DST and extended flow test (1 month) on wells 1, 2, 3, 4, and 5 before we know what type oil and gas production we have?
Well 1 is supposed to have been tested at 800 bpd for 3 days.
This well should have been tested first to verify the production numbers quoted in various news releases.
How about #2 after drilling past the 2400' level Marc Davis implied that MEO missed the oil formation entirely. He appears to be a complete fabricator! He could simply say "no comment".
MEO needs to publish oil and gas flow numbers at restrictive and unrestrictive choke sizes (1/2" and 2").
Oil and gas monetary revenues cannot be fudged without serious criminal consequences. Audited financial numbers have a high probability of being correct. We will receive these number in quarterly reports.