chinguetti currently stabilised in the 35 to 40k b

Thanks to entrust from tmf ...

Cheers,
xmagx

Some information taken from the Premier(PMO) update today...

http://www.investegate.co.uk/article.aspx?id=200607190700304028G

Mauritania

Production from the Chinguetti field (Premier - 8.12%) has currently stabilised in the 35-40 kboepd range (gross). A significant increase in production is not expected until additional development wells are onstream. It is too early to fully assess the impact of recent reservoir performance in reserve estimates. Options for the next phase of development drilling are currently being finalised.

Evaluation of the potential development of the Tiof and Tevet discoveries in PSC B (Premier - 8.12%) is advanced and expected to lead to initial development decisions in early 2007. Both fields present considerable technical and commercial challenges which are being actively addressed by the joint venture.

and...

Mauritania

Woodside has reported that the Atwood Hunter is now on location for the Colin well. Colin is a 170 mmbbl Miocene prospect in which Premier holds a 4.63% share via its interest in PSC A. After a programme of wells which may include phase 2 development drilling on the Chinguetti field, the Atwood Hunter is scheduled to drill the Kibaro exploration prospect late in 2006 or early in 2007. This is a 130 mbbl prospect in PSC A (Premier share 4.62%) with a Cretaceous objective.

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