latest production figures, page-8

Totally agree dargie.

Essentially they have said that the TUI field has been perfoming far better than their original development model would have expected.

It has continued to flow far longer at a high daily flow and although the water cut has come into play it has (a) been slower at really entering the picture and (b) is still far lower than they originally predicted at this stage.

The conclusion that they have come to is that TUI is a far more productive field than they had originally interpreted and therefore they need to do some recalculations based on its performance to date to get a better estimate and picture of its true size.

So an upward push of reasonable significance to the reserves figure has to be the outcome.