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Puffin- NE Commissioning and Production
AED (AED or the Company) advises that commissioning of the Puffin North East field is nearing completion, ahead of schedule. The highlight for the week since first oil last Saturday has been the satisfactory completion of the uninterrupted production test of 27,000 stb/d for a test period of 72 hours. Both wells have now been commissioned. The Subsea manifold has passed functional testing and is performing to expectation. Presently the gas lift system is being commissioned and tested. Production levels are scheduled to increase to 30,000 stb/d over the next couple of days. Cumulative production to date is in excess of 110,000 stb. The first offtake of crude oil is scheduled for late October 2007.