Looking good on the production front- from 1400 bopd to 3000 in no time flat. With a reservation (as expected) of a possible reduction or two if the recent V wells throw a tantrum.
A few months at 3000 bopd,plus, and the market will start to feel a lot better about the shared Thai assets.If 3000 bopd can steadily increase to the 5000 figure we are probably on the way to getting an acceptable price for the 2nd half of the assets sold,and an underscoring of the apparent worth of the 20% share retained.
Ann: Reserves Update , page-2
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