Originally Posted by
Lazza
The increase in reserves follows a reassessment of the field by the operator
(AWE) based on interpretation of re-processed 3D seismic, a more detailed
assessment of the Kapuni reservoir and the integration of the production data
from the fields since production began on 30 July 2007. The increased
reserves assume production from the existing four wells, plus the completion
of an additional development well in the Tui oil field, Tui-4H. Preliminary
planning for drilling of this well has begun, with drilling targeted for
2009.