Production
We have no production data for this company yet
Reserves
Net proved and probable reserves increased from 4.8 mmboe at December 31, 2006 to 19.1 mmboe at December 31, 2007.
The increase in net proved and probable reserves reflects: the reserves acquired as part of the Grove Energy acquisition, the recognition of proved and probable reserves attributable to the Crawford field in the UKCS following the successful appraisal well drilled on that field last year, net of a downward adjustment in proved and probable reserves of 1.0 mmboe attributable to the Company’s assets in Turkey. This adjustment principally reflects poorer-than-expected production performance from the East Ayazli field and the decision to re-categorise the deeper water Akcakoca area volumes which could be developed under Phase II as contingent resources rather than reserves.