Recent announcements indicate that STU are covering the hedge(45000brls/mth) with production from the Worrior and Acrasia fields.(Worrior#1 2000brls/day = 1400brls/day STU share + Acrasia 400brls/day)
The 1st qtr activities report due Oct should confirm that, and give us some guidance on production from the new fields/wells
I look forward to additional unhedged sales from Worrior#2, Derrilyn, Harpoono, and RS West (coming on line for the 2nd qtr).
All things being equal,we should be cruising for a huge increase in revenues FY2005.
And of course there’s potential from Arwon.
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