operations update: disappoint ?, page-13

Jordy,

Billypope is putting a good perspective, and he is probably right about L53, as I don't think the FULL release (only the summary is posted above) was strongly negative wrt L44.

The three things I found rather discouraging (in the FULL RELEASE) were:
1) When the single new rig arrives, BOTH old rigs will be gone. Whilst we might still get a small increase in actual drills/month, I was hoping for a large increase!
2) NSE-G2 whilst par for the course is just further, it's currently running a while between decent drinks.
3) Yet again production is back to declines, although I am not expecting us to dip again to recent lows.

I am still thinking we are just going through a rough period, one in which past delusions of rapid growth are eroded away, before a new era of growth dawns. Let's see what Ted has to say, the POE boys are a bit scant in their explanations.

EL