RE:5th Well success: 8000 boe/dway above expectations of about 5,000 , 39 deg. API very good, will add significantly to reserves imo:
"The five Stella wells that have been drilled have achieved a combined maximum clean-up flow test rate in excess of 53,000 boepd (100%). This well capacity significantly de-risks the initial annualised production forecast for the Greater Stella Area hub of approximately 30,000 boepd (100%), 16,000 boepd net to Ithaca."
" there is further upside potential for reserves development in the Ekofisk formation.”