RE: M D & ACrotch,
I was under the same impression as you re tariff and non-tariff production at RH.
When I was keen on this company last year I kept a journal of sorts on the news releases for all the RH wells.
Back on Dec 20 2010 the RH9 well was the only well AT THE TIME put on production from the MIRADOR with a GROSS production of 6750 bopd.
I can only assume from the 410% increase in Tariff production for the 3 months ending Sep 2011 is that CNE must have turned on the Mirador taps on many of their RH wells.
I always wished that CNE would provide in their presentations exactly how much production from each reservoir from each of the RH wells are in production.
It appears that once Canacol makes an initial flow test and production announcement on any well they feel it not important to update the retail investor of the nature of change in production over time.
Perhaps you have uncovered a valid reason why the stock is performing so poorly. It appears that in order to meet their production guidance they turn the Mirador taps on to fill in the gaps?
Still the numbers look encouraging and why CNE is so pleased with discovering that VIRGIN reservoir of the Los-Cuervos Barco RH12 well as recently announced.