Brucey,
I suspect it has to do with production at Cliff Head being constrained in recent periods by problems at the receiving facilities (as per todays presentation). Not sure how long this is likely to be an issue. Shouldn't affect reserves and/or long term nta, I assume.
Could be other issues as well (including lower oil price, although ROC seems to have been disproportionately affected today and yesterday)
Hoping for some info on China production testing next week. If good, this should support the ROC sp going into the new financial year.
Then Mauiritania drilling, Tiof development decision, and more China appraisal/exploration drilling to look forward to over the next month or so.
Cheers
OG
whats happening.., page-2
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