Production
Total entitlement production for 2006 of 0.38 million barrels (MMbbls) of oil was slightly higher than 2005 (0.36MMbbls). The increase is due to total uptime improving to 99.78% compared with 91.64% in 2005.
Reserves
Hardy's 2P reserves for the PY-3 field, on an entitlement basis, were 2,950Mbbls as of 31 December 2006. This represents a reduction of 308 Mbbls from 2005.