ECH 3.95% 36.5¢ echelon resources limited

production update

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    Latest figures released in an update today (Wednesday 23/07/08) show another major milestone passed.
    ...........................................................
    Production Performance:

    On 22 July 2008 total Tui production passed the 15 million barrel mark - less than a year after production began on 30 July 2007. In the original projections, total production was not expected to reach 15 mmbbls until mid-2009.

    Production since 1 July 2008:

    Up to 22 July: Approx 800,000 barrels. NZOG's share of production approx 100,000 barrels.

    ........................................................
    So TUI continues to perform and has produced as much in just under a year as it was expected to produce in about a year and a half.
 
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