I had hoped they would have pushed the production up a little bit with the last wells. If production is 4kbopd now then it is down from 4200bopd+ in July and August, but they could just be rounding it I think they previously stuck to that. It could mean that throttling back production in the new wells has not alleviated the natural field decline, but it is nothing like the decline experienced in previous volcanics. I would not be too confident in anything without them being willing to publish data on individual wells, maybe in the quarterly if they want to reassure us!
All in all nothing too bad though.
Ann: Thailand Drilling Update, page-2
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