Rocksource Production Update November 2007
Rocksource ASA Group (`Rocksource`) had an average November 2007 production level from its US subsidiaries of 1,250 barrels of oil equivalent per day (boepd) net to Rocksource. The average production in October was 1,050 boepd. The daily maximum in November was 1,310 boepd which is at full capacity of the temporary processing facilities in the field.
These production numbers are based on metered daily production, and may thus differ slightly from the final production volumes that will be used for accounting purposes due to changes in stock volumes etc.
Further increases in production are limited by the temporary facility which is now at capacity (1,200 boepd nameplate/design capacity). New, permanent facilities with an initial capacity of around 3,000 boepd is scheduled to be operational by December 19, and further production will be phased in as current wells are opened further and new wells are drilled.
Oslo, 4.12.2007
Rocksource ASA
Trygve Pedersen
CEO
+ 47 90 09 77 41
Published: 04.12.2007
Contact Information
Address:
Thormøhlensgate 53 D
Postboks 994 Sentrum
N-5808 Bergen
Norway
| Phone: | +47 05369 |
| From abroad: | +47 21 49 32 69 |
| Fax: | +47 55 36 87 98 |
Per Anders Muri
VP Corporate Communications
Phone: +47 91 11 61 21
per.anders.muri@rocksource.com