itc eddie smith makes comment, page-8

re: figures not adding up Hi Gizard
Unfortunately there was no announ regarding the 800bopd. As previously discussed on this thread, it was just slipped into a non market sensitive announ on the 21st March.
Eddie Smith of ITC added to the usual Vpe spin ...

“Although it is premature to define the final production levels for the Mirage Field it has always been the view of Impress that the Greater Mirage area must be
evaluated before final production estimates can be reasonably determined. To achieve this objective the Joint Venture has committed to wells within the Mirage
area including Jindivik and Lightning which we still believe have the potential to allow production of up to 1000 bopd. In the event that discoveries are made at
other stratigraphic levels then production may even exceed this estimate. It will not be until mid 2006 that a final assessment of results will be available.”

read that closely and tell me they haven't downgraded the whole field incl the next two wildcat wells Jindvik and Lightning.