RE:RE:RE:Ithaca ends FPSO Athena contract
this is old news, the anglia field is also finished as far as production goes, these were previously announced. what is typical of this management though is the fact that in previous nr's they said it was only about 1,000 bod but now the projections for 2016 are down 3000 boed to 9000 from 12,000 boed.
some news that hasn't been put forth by iae ( at least i haven't seen it and i'm sure they deem it not worthy of telling investors until the q results show the aftermath, lol) is on the dons property, the cost to produce there will be going up from what i have read elsewhere. sullum voe will become a problem for the dons field and lead to higher costs to produce there. here is an older article on what's happening there. i'm not sure how much of iae's 9000 boed for 2016 comes from this field at present.
[url=https://decomnorthsea.com/news/north-sea-operators-to-shut-in-assets-early-analyst-
warns][/url]
cheers ferret