This is what you need to look closer at.
The decline in production from approximately 7,700 BOPD to 4,260 BOPD is due almost entirely to early water incursion (coning) observed at the WBEXT-1A well resulting in the well being choked back to approximately 600 BOPD from 3,180 BOPD.
This news was misleading in that it said decline from around 7,700 bopd to 4,260 then choked back from 3,180 bopd thats another 1,080 fall from 7,700 and a 59% fall from production in a short time I can see why this was choked back because at the rate of fall it will water out in around 6 months but it has a big effect on just how good things look for that great oil sales many of us had hoped for I for one are not as bullish as I was and would like to see some more flows from other wells reported before I get excited about flows again.
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